Quest Daily CA Quiz 29-08-2026
Test your knowledge with daily current affairs
-
Question 1: Consider the following statements about the characteristics of a crop: 1. It is a tropical and subtropical crop that requires a warm climate and a long growing season. 2. It grows best in well-drained, fertile soils, particularly deep loamy and alluvial soils. 3. Uttar Pradesh, Maharashtra and Karnataka are among the major sugarcane-producing states in India. 4. India is the second-largest producer of this crop in the world. Which of the following crops is being described?
-
Question 2: Consider the following statements regarding Sarnath: 1. Sarnath is the place where Gautama Buddha delivered his first sermon in the 6th century BCE, known as Dharmachakra Pravartana. 2. It was recognised as a UNESCO World Heritage Site and is located in Bihar. 3. Sarnath became India’s first Buddhist site to be included in the World Heritage List. How many of the above given statements is/are correct?
- 1
- 2
- 3
- None
-
Question 3: Consider the following list of countries: 1. India 2. Pakistan 3. Iran 4. Belarus 5. Afghanistan 6. Mongolia How many of the above given is/are the not members of the Shanghai Cooperation Organisation (SCO)?
- 1
- 2
- 3
- 4
-
Question 4: Which of the following is the correct sequence of the Great Five Lakes from west to east?
- Michigan – Superior – Huron – Erie – Ontario
- Superior – Michigan – Huron – Erie – Ontario
- Superior – Huron – Michigan – Erie – Ontario
- Michigan – Huron – Superior – Erie – Ontario
-
Question 5: Consider the following statements regarding Glacial Lake Outburst Floods (GLOFs): Statement I: Moraine-dammed lakes are particularly susceptible to catastrophic outburst flooding. Statement II: Moraine dams are made of loose, unconsolidated, and poorly sorted rock debris and sediment dropped by glaciers. Which one of the following is correct with respect to 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
-
Question 6: 'X' was explaining the technological architecture of FASTag and Multi-Lane Free Flow (MLFF) toll collection. 'X' stated that FASTag transactions primarily rely on Radio Frequency Identification (RFID), while MLFF can integrate RFID with Automatic Number Plate Recognition (ANPR) to identify vehicles and facilitate toll collection without requiring them to stop. 'Y' argued that because ANPR cameras can identify a vehicle's registration number, ANPR itself constitutes the FASTag-based payment mechanism. 'X' disagreed. Based on the above, select the correct conclusion from the options given below:
- 'X' is correct because RFID is the core technology associated with FASTag, while ANPR can serve as a complementary vehicle-identification mechanism in MLFF.
- 'Y' is correct because ANPR identification automatically authenticates the FASTag and independently completes the toll transaction.
- The views of both 'X' and 'Y' are correct because RFID and ANPR perform identical functions in FASTag-based toll collection.
- Neither 'X' nor 'Y' is correct because FASTag-based toll collection relies exclusively on GPS technology.
-
Question 7: Consider the following statements about Pradhan Mantri Jan Dhan Yojana (PMJDY): 1. The scheme promotes financial inclusion by facilitating access not only to banking and savings, but also to insurance and pension services. 2. It is the world’s largest financial inclusion initiative. Which of the above given statements is/are correct?
- 1 only
- 2 only
- Both 1and 2
- Neither 1 nor 2
-
Question 8: Consider the following statements regarding the geographical location of Afghanistan: 1. Afghanistan shares an international border with Pakistan, Iran, Turkmenistan, Uzbekistan, Tajikistan and China. 2. The Wakhan Corridor provides Afghanistan with a narrow connection to China. 3. Afghanistan is a landlocked country with no direct access to the sea. Which of the above given statements is/are correct?
- 1 only
- 2 only
- 2 and 3 only
- 1,2 and 3
-
Question 9: Consider the following statements about the New Development Bank (NDB): 1. It is a multilateral development bank established by Brazil, Russia, India, Canada and South Africa. 2. Its membership is open to borrowing as well as non-borrowing countries. 3. Currently, Russia and India have an equal number of shareholdings in the NDB. 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.
-
Question 10: Consider the following statements regarding FCNR(B) deposits: Statement I: An increase in FCNR(B) deposits can strengthen India's foreign exchange reserve position. Statement II: FCNR(B) deposits are foreign currency-denominated deposits maintained by Non-Resident Indians (NRIs). Statement III: Such deposits can contribute to the availability of foreign exchange resources in India. Which one of the following is correct with respect to 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 are correct