Quest Daily CA Quiz 27-06-2026

Quest Daily CA Quiz 27-06-2026

Test your knowledge with today's current affairs

  1. Question 1: With reference to the illicit narcotics trade, consider the following countries: I. Myanmar II. Afghanistan III. Laos IV. India V. Thailand VI. Pakistan VII. Malaysia Which of the above countries are part of the Golden Triangle?

    • I, IV, and VI only
    • II, IV and VI only
    • I, V, and VII only
    • I, III and V only

  2. Question 2: Consider the following statements with reference to the Eighth Schedule of the Constitution of India: 1. There are no fixed criteria for any language to be considered for inclusion in the Eighth Schedule. 2. Originally, it had 14 languages, but presently there are 22 languages 3. All the Classical Languages are listed in the Eighth Schedule of the Constitution. Which of the statements given above are correct?

    • 1 and 2 only
    • 1 and 3 only
    • 2 and 3 only
    • 1,2 and 3

  3. Question 3: With reference to Special Intensive Revision (SIR), consider the following statements: 1. As per the Representation of the People Act, 1950, electoral rolls have to be revised before every election. 2. The Election Commission of India may undertake a SIR of electoral rolls whenever it considers such a revision necessary. Which of the above given statements is/are correct?

    • 1 only
    • 2 only
    • Both 1and 2
    • Neither 1 nor 2

  4. Question 4: The recent Venezuela twin earthquakes occurred at the tectonic plate boundary between the South American Plate and which of the following plates? 1. Caribbean plate 2. Cocos plate 3. Nazca plate 4. Juan de Fuca plate Select the correct answer using the code given below:

    • 1 and 2
    • 1 only
    • 2 and 4 only
    • 3 only

  5. Question 5: With reference to trade agreements, consider the following statements: I. A Preferential Trade Agreement (PTA) covers substantially all trade between partner countries, similar to a Free Trade Agreement (FTA). II. Unlike a Free Trade Agreement, a Comprehensive Economic Partnership Agreement (CEPA) additionally covers investment protection, intellectual property rights and government procurement. III. Under a Free Trade Agreement, each partner country maintains its own independent tariff structure for non-member countries. How many of the statements given above are correct?

    • One only
    • Two only
    • All three
    • None

  6. Question 6: Zero Defect Zero Effect (ZED) certification is a scheme recently seen in the news, related to which of the following?

    • Promoting quality manufacturing among Micro, Small and Medium Enterprises while minimising environmental impact.
    • Certifying industrial units that achieve net-zero greenhouse gas emissions under India's carbon market framework.
    • Providing financial incentives to exporters for manufacturing products with zero import content.
    • Rating public sector enterprises based on their energy efficiency and waste management practices.

  7. Question 7: Consider the following statements about the Teesta River: 1. It originates from Tso Lhamo Lake in Northern Bhutan and enters West Bengal. 2. It is a tributary of the Brahmaputra flowing through India and Bangladesh. 3. Nearly 83% of the basin lies in India, while the remaining 17% is in Bangladesh. Which one of the following conclusions based on the above statements is correct?

    • All the three statements are correct.
    • There are two correct statements, that include statement 2.
    • There is only one correct statement.
    • There is no correct statement.

  8. Question 8: Consider the following: A manufacturing company X has an investment in plant and machinery of ₹18 crore and an annual turnover of ₹85 crore. According to the revised MSME classification, the company would be classified as:

    • Micro Enterprise
    • Small Enterprise
    • Medium Enterprise
    • It does not qualify as MSME

  9. Question 9: With reference to the Election Commission of India, which of the following statements is correct?

    • The Election Commission shall consist of the Chief Election Commissioner and such number of other Election Commissioners as the President may from time to time fix.
    • The Constitution has prescribed the qualifications of the members of the Election Commission.
    • The Constitution has debarred the retiring election commissioners from any further appointment by the government.
    • The Chief Election Commissioner is not provided with the security of tenure.

  10. Question 10: Consider the following statements about the ASPIRE Scheme: I. Institutional support is an important component of the scheme. II. The scheme seeks to assist entrepreneurs during enterprise development. Which of the following information supports the above statements? 1. Mentor Institutes prepare project plans and incubation programmes. 2. Entrepreneurs receive assistance in accessing finance and market linkages. 3. The Ministry of MSME implements the scheme. Select the answer using the code given below:

    • 1 only
    • 1 and 2
    • 2 and 3
    • 1,2 and 3