Quest Daily CA Quiz 26-11-2025

Quest Daily CA Quiz 26-11-2025

Test your knowledge with today's current affairs

  1. Question 1: With reference to the Industrial Relations Code, 2020, which of the following Acts have been subsumed under it? I. Factories Act, 1948 II. Trade Union Act, 1926 III. Industrial Employment (Standing orders) Act, 1946 IV. The Employees’ Compensation Act, 1923 V. Industrial Disputes Act, 1947 Select the correct answer using the code given below.

    • I, III and V
    • I, III and IV
    • II, III and V
    • I, II and V

  2. Question 2: With reference to the Indian dairy sector, consider the following statements: I. National Milk Day is observed on 26 November to commemorate Dr. Verghese Kurien. II. Women constitute about 70% of India’s dairy workforce and around 35% of dairy cooperative members. III. Per-capita milk availability in India has increased from 124 g/day to 471 g/day. IV. Milk and major dairy products such as paneer, butter, ghee and dairy beverages fall under the 0% GST slab. Which of the statements given above is/are correct?

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

  3. Question 3: With reference to Exchange Rate Systems, consider the following statements: I. Under a floating exchange rate, market forces determine the value of a currency. II. Currency devaluation refers to a fall in the value of a currency in a floating exchange rate regime. III. Currency depreciation makes imports costlier and exports more competitive. Select the incorrect answer using the code given below.

    • Only one
    • Only two
    • All three
    • None

  4. Question 4: Consider the following statements regarding the secular nature of the Indian Constitution: I. The 44th Constitutional Amendment Act, 1976 inserted the word “secular” in the Preamble. II. The Indian Constitution adopts a positive concept of secularism. III. Parts III, IV and IVA contain provisions reflecting secularism. IV. Articles 14, 15, 16(1), 25–30 promote secular principles. Which of the statements given above is/are correct?

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

  5. Question 5: Consider the following statements in respect of the Constitution Day: Statement I: The Constitution Day is celebrated on 26th November every year to promote constitutional values among citizens. Statement II: On 26th November, 1949, the constituent Assembly of India set up a Drafting Committee under the Chairmanship of Dr. B. R. Ambedkar to prepare a Draft Constitution of India. 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