Quest Daily CA Quiz 25-04-2026

Quest Daily CA Quiz 25-04-2026

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements regarding International Seeds Day: I. It was established to commemorate the signing of "Order 81," which promoted the free exchange of indigenous seeds in Iraq. II. One of its primary objectives is to advocate for farmers' rights and protect traditional seeds from monopolisation. III. The day encourages the use of genetically modified seeds to improve global food security and climate resilience. How many of the above statements are correct?

    • Only one
    • Only two
    • All three
    • None

  2. Question 2: Which one of the following prehistoric marine organisms is considered one of the largest invertebrates ever discovered, that lived during the Cretaceous Period and functioned as an apex predator in ancient oceans?

    • Nanaimoteuthis haggarti
    • Architeuthis dux
    • Ammonite
    • Nautilus

  3. Question 3: Consider the following statements: Statement I: Banking is defined as the accepting, for lending or investment, of deposits of money from the public, repayable on demand or otherwise. Statement II: The definition of 'banking' and the specific prohibitions on additional business activities for a banking company are governed by the Banking Regulation Act, 1949. Statement III: The recent cancellation of the licence of Paytm Payments Bank Limited (PPBL) was primarily due to its inability to maintain enough liquidity to repay its deposit liabilities. Which one of the following is correct in respect of the above statements?

    • Both Statement II and Statement III are correct and both of them explain Statement I
    • Both Statement II and Statement III are correct but only one of them explains Statement I
    • Only one of the Statements II and III is correct and that explains Statement I
    • Neither Statement II nor Statement III is correct.

  4. Question 4: Consider the following statements: I. Net FDI into India turned positive in February 2026 as gross inflows reached a multi-year high. II. Manufacturing and computer services together accounted for the majority of equity inflows during the financial year 2025-26. III. While India remains an attractive destination, the value of greenfield FDI project announcements saw a year-on-year decline during the April-January 2026 period. IV. The sharp contraction in total outflows was driven by a decrease in both repatriation by foreign companies and outward investment by Indian entities. Which of the statements given above are correct?

    • I, II, and III only
    • II and IV only
    • I, III and IV only
    • I, II, III and IV

  5. Question 5: 6. Which of the following statements is correct about the Anti-Defection Law in India?

    • A legislator is deemed to have defected only upon formal resignation from their original political party.
    • The 91st Constitutional Amendment Act removed the protection earlier available to legislators in case of a 'split' in a political party.
    • The decision of the Speaker regarding disqualification under the Tenth Schedule is final and exempt from judicial review.
    • If a member is disqualified under the Tenth Schedule, the matter is referred to the President of India, who acts according to the opinion of the Election Commission.

  6. Question 6: Consider the following statements: Statement I: Spot spraying technology is considered the logical evolution of band spraying and offers potential for reducing the volume of crop protection agents used. Statement II: Spot spraying systems rely on the integration of artificial intelligence, advanced sensors, and pulse width modulated (PWM) nozzles to identify and treat only specific areas or weeds that require protection. Which one of the following is correct in respect of the above statements?

    • Both Statement I and Statement II are correct, and Statement II explains Statement I.
    • Both Statement I and Statement II are correct, but Statement II does not explain Statement I.
    • Statement I is correct, but Statement II is not correct.
    • Statement I is not correct, but Statement II is correct.

  7. Question 7: With reference to the Chief Election Commissioner (CEC) of India, consider the following statements: I. The CEC can be removed from office in a manner and on grounds similar to those of a Judge of the Supreme Court. II. A resolution for the removal of the CEC must be passed by both Houses of Parliament by a simple majority. III. The President of India can remove the CEC only after an inquiry by the Supreme Court of India proves "misbehaviour" or "incapacity." IV. Unlike the CEC, the other Election Commissioners can be removed by the President simply on the recommendation of the CEC. Which of the statements given above are correct?

    • I and II only
    • I and IV only
    • II and III only
    • I, III and IV only

  8. Question 8: Who among the following constitutes the selection committee for recommending the appointment of the Chief Information Commissioner and Information Commissioners? I. The Prime Minister II. The leader of the opposition of the Lok Sabha III. The Home Minister IV. The Speaker of Loksabha Select the correct answer using the codes given below:

    • I, II and III only
    • I, III and IV only
    • I and II only
    • I, II, III and IV

  9. Question 9: What is the significance of the ‘Goldilocks period’ in an economy?

    • It refers to a phase of high inflation with low economic growth.
    • It indicates a situation of balanced growth with moderate inflation and low unemployment.
    • It describes a period of economic recession with falling demand.
    • It denotes excessive growth leading to overheating of the economy.