Quest Daily CA Quiz 29-09-2025

Quest Daily CA Quiz 29-09-2025

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements regarding "Engels' Pause" ? I. The term was popularised by Friedrich Engels in his book The Condition of the Working Class in England. II. It refers to the period from 1790 - 1840: when British working-class wages stagnated and per-capita gross domestic product expanded rapidly during a technological upheaval. Which of the statements given above is/are correct?

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

  2. Question 2: Consider the following statements:: I. FPI(Foreign Portfolio Investment) is a form of investment where investors directly control and manage the companies. II. Foreign Portfolio Investors are those who invest in the stocks and shares of another country. III. Mutual funds can invest in equities, bonds, money market instruments, or a mix of these. IV. FPI and Mutual funds are subject to regulations of SEBI. Which of the statements given above is/are correct?

    • II, III and IV
    • II and III only
    • All the above
    • II and IV only

  3. Question 3: In a given year in India, official poverty lines are higher in some States than in others because:

    • Poverty rates vary from State to State.
    • Price levels vary from State to State.
    • Gross State Product varies from State to State.
    • Quality of public distribution varies from State to State.

  4. Question 4: With reference to India’s engagement with the Global South, consider the following statements: I. The Global South refers to technically and socially less developed countries which are located in Southern Hemisphere, primarily in Africa, Asia, and Latin America. II. BRICS, IBSA, India–CELAC, India–SICA, FIPIC, L-69, C-10, and “High-Level Like-Minded countries of the Global South”- all these groupings are formal treaty-based organizations under the United Nations system. How many of the statements given above are correct?

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

  5. Question 5: With reference to ‘Astrosat’, which of the following statements is/are correct? I. AstroSat is India's first and only dedicated multi-wavelength space telescope. II. Other than USA and Russia, India is the only country to have launched a similar observatory into space. III. It has four payloads. IV. Though the designed mission life of AstroSat was five years, it continues to provide valuable data. How many of the statements given above are correct?

    • Only one
    • Only two
    • only three
    • All the above