Quest Daily CA Quiz 27-02-2026

Quest Daily CA Quiz 27-02-2026

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements: Statement I: Carbon Capture and Utilisation (CCU) refer to technologies that capture carbon dioxide emissions directly from the air and convert them into useful products. Statement II: CCU involves the permanent underground storage of captured carbon dioxide, which is similar to Carbon Capture and Storage (CCS). Which one of the following is correct in respect of the above statements?

    • Both Statement I and Statement II are correct and Statement II is the correct explanation for Statement I
    • Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I
    • Statement I is correct but Statement II is incorrect
    • Statement I is incorrect but Statement II is correct

  2. Question 2: Identify the incorrect statement about Network slicing that was in news in recent times:

    • Vertical network slicing primarily involves resource sharing among different network nodes to enhance the capabilities of less capable nodes through over-the-air resource sharing.
    • Network slicing enables the creation of multiple virtualised and independent network slices over a common physical infrastructure, each optimised for specific use cases with distinct Quality of Service (QoS) requirements.
    • Software-Defined Networking (SDN) and Network Functions Virtualisation (NFV) facilitate network slicing by enabling dynamic orchestration, resource virtualisation, and separation of control and user planes.
    • None of the above

  3. Question 3: Consider the following statements regarding tourism initiatives under the Union Budget 2026–27: I. Establishment of a National Institute of Hospitality to address skill gaps and align academic training with industry requirements. II. Development of turtle trails in coastal states to promote eco-tourism. III. The Union Budget 2026–27 announced that India will host the first Global Big Cat Summit in 2026. IV. The proposed National Destination Digital Knowledge Grid aims to document cultural, spiritual, and heritage sites across India. How many of the above statements are correct?

    • Only one
    • Only Two
    • Only Three
    • All the four

  4. Question 4: The term ‘One Country, Two Systems’, often seen in the news, refers to which of the following?

    • China – Hong Kong and Macau
    • China – Taiwan
    • Israel - Palestine
    • North Korea and South Korea

  5. Question 5: With reference to the recently launched SUJVIKA Portal, consider the following statements: I. It is an AI-driven Trade Statistics Digital Intelligence Platform that provides authenticated biotechnology product import data in a structured and accessible format. II. The portal aims to help researchers, startups and industry identify high-value and high-volume imports to reduce import dependency and promote indigenisation. III. It will function as a statutory regulatory platform with powers to mandate import substitution targets and approve biotechnology manufacturing licences in India. Which of the statements given above are correct?

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

  6. Question 6: With reference to the I2U2 grouping, consider the following statements: I. I2U2 was formalised at its first leaders’ summit held physically in Washington, D.C., in 2022. II. The grouping focuses on joint investments and cooperation in sectors such as water, energy, transportation, space, health, and food security. III. I2U2 seeks to mobilise private sector capital, promote low-carbon development pathways, and build resilient supply chains in critical sectors. How many of the statements given above is/are correct?

    • Only One
    • Only two
    • All the three
    • None

  7. Question 7: With reference to the revision of India’s Gross Domestic Product (GDP) series, consider the following statements: I. Before the 2015 revision, India’s GDP was calculated with 2004–05 as the base year and factor cost as the primary measure of national income. II. The revised GDP series (2015) shifted the base year to 2011–12 and replaced GDP at factor cost with GDP at market prices as the headline indicator. Which of the statements given above are correct?

    • I only
    • II only
    • Both I and II
    • Neither I nor II

  8. Question 8: Consider the following: I. Hyderabad-Warangal Industrial Corridor (HWIC) II. Amritsar-Kolkata Industrial Corridor (AKIC) III. Vizag-Chennai Industrial Corridor (VCIC) IV. Kolkata-Lucknow Industrial Corridor V. Bengaluru-Mumbai Industrial Corridor (BMIC) How many of the above are under the National Industrial Corridor Programme (NICDP)?

    • Only two
    • Only three
    • Only four
    • All five

  9. Question 9: With reference to life expectancy in India, consider the following statements: I. India’s life expectancy at birth increased from about 50 years in the early 1970s to around 70 years during 2016–20. II. During the period 2017–21, life expectancy at birth in India registered a marginal decline compared to the previous five-year period. III. The Sample Registration System (SRS) is the primary source for estimating life expectancy in India, and abridged life tables are constructed using age-specific death rates. IV. Life expectancy at birth measures the maximum number of years a newborn is expected to live, irrespective of prevailing mortality conditions. Which of the statements given above are correct?

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

  10. Question 10: With reference to Contempt of Courts Act, 1971, consider the following statements: I. Civil contempt includes wilful disobedience of court orders as well as breach of an undertaking given to a court. II. The power of the Supreme Court and High Courts to punish for contempt is entirely subject to the limitations and procedural framework prescribed under the Contempt of Courts Act, 1971. III. A private individual can initiate contempt proceedings in the Supreme Court only with the prior consent of the Attorney General of India. IV. Truth is not a valid defence in cases of criminal contempt involving scandalising the court. Which of the statements given above are correct?

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