With reference to Foreign Portfolio Investment (FPI), consider the following statements: 1. FPI refers to investments made by foreign investors in financial assets such as stocks, bonds, or other securities in a country. 2. FPI involves a long-term commitment by foreign investors and typically includes direct investments in companies. 3. It allows the investor to have direct ownership of a company’s assets. 4. It is more liquid than Foreign Direct Investment. Which one of the following conclusions based on the above statements is correct?

There are four correct statements

There is only one correct statement, that is, statement 2.

There are two correct statements that include statement 1.

With reference to Base Year 2011-2012 of the Index of Industrial Production (IIP), which of the following statements best explains the relationship between the Index of Eight Core Industries (ICI) and the Index of Industrial Production (IIP)?

The Eight Core Industries account for nearly 50% of the IIP, making the ICI the dominant determinant of overall industrial growth.

The Eight Core Industries have a weight of about 40% in the IIP and serve as key inputs for the remaining industrial sectors.

The ICI measures only energy-related sectors and has minimal linkage with manufacturing performance in the IIP.

The ICI is released after the IIP and therefore does not have predictive value.

Consider the following statements regarding Lithium Ion Battery: Statement-I: Lithium batteries pose safety concerns in modern energy storage and electric mobility applications. Statement-II: Lithium batteries can undergo thermal runaway. Statement-III: High energy density and flammable electrolyte increase fire risk. 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

Quest Daily CA Quiz 30-06-2026

2026-06-30

Test your knowledge with daily current affairs

Question 1: With reference to Foreign Portfolio Investment (FPI), consider the following statements: 1. FPI refers to investments made by foreign investors in financial assets such as stocks, bonds, or other securities in a country. 2. FPI involves a long-term commitment by foreign investors and typically includes direct investments in companies. 3. It allows the investor to have direct ownership of a company’s assets. 4. It is more liquid than Foreign Direct Investment. Which one of the following conclusions based on the above statements is correct?
- There are four correct statements
- There is only one correct statement, that is, statement 2.
- There are two correct statements that include statement 1.
- There is no correct statement.
Question 2: Consider the following expenditure items: 1. Ammunition procurement 2. Purchase of spare parts 3. Maintenance of military equipment 4. Acquisition of a new fighter aircraft How many of the above generally fall under the Delegation of Financial Powers for Defence Services (DFPDS)?
- 1
- 2
- 3
- 4
Question 3: Consider the following statements about the Food Safety and Standards Authority of India (FSSAI): 1. It is an executive body that functions as an independent body. 2. The FSSAI Act, 2006, replaced the Prevention of Food Adulteration Act, 1954. 3. It functions under the control of the Ministry of Consumer Affairs. How many of the above statements are correct?
- 1
- 2
- 3
- None
Question 4: Consider the following statements with reference to the border disputes between India and China: 1. The Johnson Line is a historical boundary proposed that places the Aksai Chin region entirely within India. 2. China’s present-day claim in Aksai Chin broadly aligns with the Macartney–MacDonald Line. 3. China refused to ratify the Shimla Convention, questioning Tibet's authority to conclude an international agreement. How many of the above given statements is/are correct?
- 1
- 2
- 3
- None
Question 5: Consider the following indicators, with reference to the National Indicator Framework (NIF) for Sustainable Development Goals (SDGs): 1. Maternal Mortality Ratio 2. Social Protection Coverage 3. Internet Subscriptions 4. Renewable Energy Capacity Which of the above are primarily outcome indicators rather than input/output indicators?
- 1 and 2 only
- 3 and 4 only
- 1,2 and 3 only
- 1,2,3 and 4 only
Question 6: Consider the following pairs: Indicator - Previous - Latest Social Protection Coverage-22.0% (2016) - 65.3% (2026) Maternal Mortality Ratio -122 (2015–17) - 87 (2022–24) Sex Ratio at Birth-896-918 Renewable Energy Capacity-64.04 W/capita-193.36 W/capita Unemployment Rate-6.1%-3.1% Internet Subscriptions- 302.36 million- 969.10 million Waste Recycling Plants - 829 -3,236 Ramsar Area (% Wetlands)- 4.15% -8.66% Indicator Meaning Maternal Mortality Ratio - The number of maternal deaths per 1000 live births. Neonatal Mortality Rate (NNMR) -The number of deaths during the first 28 days of life per 10,000 live births. Infant Mortality Rate (IMR) The number of deaths of infants under 5 years of age per 1,000 live births. How many of the above-given pairs are correctly matched?
- 1
- 2
- 3
- None
Question 7: Consider the following statements regarding urban sanitation under SBM-U 2.0: I. Sustainable urban sanitation depends on behavioural changes among citizens in addition to infrastructure creation. II. Information, Education and Communication (IEC) activities can contribute to responsible waste management practices at the household level. Which of the following pieces of information best support the above statements? 1. Door-to-door awareness campaigns promoted source segregation and home composting. 2. Citizen rallies and community mobilisation were organised across Urban Local Bodies. 3. Stormwater drains were cleaned to improve urban drainage. Select the correct answer using the code given below:
- 1 and 2 only
- 2 and 3 only
- 1 and 3 only
- 1,2 and 3
Question 8: Consider the following assertion: Kisan Sarathi promotes two-way communication between farmers and agricultural experts. Which of the following is/are the basis of the above assertion? 1. Farmers can raise queries to experts in their local languages. 2. The platform supports communication through voice, video, text and images. 3. Experts can access farmers' previous queries while providing advisories. Select the correct answer using the code given below:
- 1 only
- 1 and 2 only
- 2 and 3 only
- 1,2 and 3
Question 9: With reference to Base Year 2011-2012 of the Index of Industrial Production (IIP), which of the following statements best explains the relationship between the Index of Eight Core Industries (ICI) and the Index of Industrial Production (IIP)?
- The Eight Core Industries account for nearly 50% of the IIP, making the ICI the dominant determinant of overall industrial growth.
- The Eight Core Industries have a weight of about 40% in the IIP and serve as key inputs for the remaining industrial sectors.
- The ICI measures only energy-related sectors and has minimal linkage with manufacturing performance in the IIP.
- The ICI is released after the IIP and therefore does not have predictive value.
Question 10: Consider the following statements regarding Lithium Ion Battery: Statement-I: Lithium batteries pose safety concerns in modern energy storage and electric mobility applications. Statement-II: Lithium batteries can undergo thermal runaway. Statement-III: High energy density and flammable electrolyte increase fire risk. 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

Quest Daily CA Quiz 30-06-2026

Question 2: Consider the following expenditure items: 1. Ammunition procurement 2. Purchase of spare parts 3. Maintenance of military equipment 4. Acquisition of a new fighter aircraft How many of the above generally fall under the Delegation of Financial Powers for Defence Services (DFPDS)?

Question 9: With reference to Base Year 2011-2012 of the Index of Industrial Production (IIP), which of the following statements best explains the relationship between the Index of Eight Core Industries (ICI) and the Index of Industrial Production (IIP)?