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02 Aug 2025 Daily CA Quiz

Welcome to your 02aug2025dailycaquiz

1. 
With reference to the Central Sector Scheme “Grant-in-Aid to NCDC”, consider the following statements:

  1. The scheme aims to enhance the lending capacity of NCDC through direct budgetary support.
  2. It is expected to support only agricultural and dairy cooperatives in rural areas.
  3. The scheme will be implemented over a period of four years.

Which of the statements given above is/are correct?

2. 
Consider the following sectors supported under the Grant-in-Aid to NCDC scheme:

  1. Fisheries
  2. Textiles
  3. Real estate
  4. Labour cooperatives

How many of the above are covered under the scheme?

3. 
With reference to the recently inaugurated 1 MW Green Hydrogen Plant at Deendayal Port, Kandla, consider the following statements:

  1. The plant was developed using fully indigenous technology under the Make in India initiative.
  2. It is the first hydrogen facility in India to be powered entirely by imported electrolysers.
  3. The plant is part of India’s efforts under the National Green Hydrogen Mission.

Which of the statements given above is/are correct?

4. 
Which of the following statements best describes the significance of the 1 MW green hydrogen plant at Deendayal Port?

5. 
With reference to the AI-powered initiative for climate-resilient agriculture launched by ICRISAT in 2025, consider the following statements:

  1. The project is implemented under Monsoon Mission III.
  2. It exclusively targets commercial cash crops like sugarcane and cotton.
  3. It provides advisories through local language platforms and feedback mechanisms.

Which of the statements given above is/are correct?

6. 
The Intelligent Agricultural Systems Advisory Tool (iSAT), launched by ICRISAT, integrates which of the following?

  1. Weather forecasts
  2. Satellite data
  3. Crop and soil information
  4. Farmer socio-economic profiles

Select the correct answer using the code below:

7. 
With reference to the Memorandum of Understanding (MoU) signed between ITBPF and DBT in 2025, consider the following statements:

  1. The collaboration focuses exclusively on the development of weapons and surveillance technologies for border security.
  2. It aims to develop context-specific biomedical innovations suited for high-altitude deployment.
  3. Capacity-building of both scientists and paramilitary personnel is part of the initiative.
Which of the statements given above is/are correct?

8. 
With reference to the Banking Laws (Amendment) Act, 2025, consider the following statements:

  1. The Act applies only to private sector banks and excludes Public Sector Banks (PSBs).
  2. It allows PSBs to independently determine the remuneration of statutory auditors.
  3. The Act revises the threshold for “substantial interest” of bank directors to ₹2 crore.

Which of the statements given above is/are correct?

9. 
With reference to the governance of public sector banking in India, consider the following statements:

  1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.
  2. To put the public sector banks in order, the merger of many banks has been undertaken.
  3. The General Insurance Corporation of India has been brought under the direct control of the RBI.

Which of the statements given above is/are correct?

10. 
With reference to the political developments in Myanmar as of 31 July 2025, consider the following statements:

  1. The State Administration Council (SAC) was replaced by a new body called the State Security and Peace Commission.
  2. U Nyo Saw was appointed as the new Acting President of Myanmar.
  3. The newly announced elections in Myanmar have been welcomed as free and fair by the National Unity Government (NUG).

Which of the statements given above is/are correct?

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