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09 Oct 2025 Daily CA Quiz

Welcome to your 09October2025DailyCAQuiz

1. 
With reference to the Mera Hou Chongba Festival, consider the following statements:

  1. The festival is celebrated to strengthen the bond between the hill and valley communities of Manipur.
  2. It is held annually at the Kangla Fort in Imphal, which was once the royal seat of Manipur’s kings.
  3. The festival is led by the Chief Minister of Manipur as a traditional custom.
  4. The festival includes traditional dances, music, and cultural displays from various tribes.

Which of the statements given above are correct?

2. 
Assertion (A): The Mera Hou Chongba festival is considered a symbol of peace and unity in Manipur. Reason (R): It promotes reconciliation between communities from the hills and the valley through shared cultural celebrations.

3. 
With reference to the World Bank’s recent update on India’s economic growth, consider the following statements:

  1. The World Bank has raised India’s GDP growth forecast for FY 2025–26 to 6.5%.
  2. The upward revision was mainly due to stronger domestic conditions and GST reforms.
  3. The growth projection for FY 2026–27 has been increased to 6.8% following a recovery in global exports.
  4. India’s GDP growth in the April–June 2025 quarter was recorded at 7.8%.

Which of the statements given above are correct?

4. 
Assertion (A): The World Bank revised India’s FY26 growth forecast upward to 6.5%. Reason (R): The Goods and Services Tax (GST) reforms simplified tax structures and improved business compliance.

5. 
With reference to the Online National Drugs Licensing System (ONDLS), consider the following statements:

  1. The ONDLS has been developed jointly by the Central Drugs Standard Control Organization (CDSCO) and the Centre for Development of Advanced Computing (C-DAC).
  2. It serves as a single-window platform for processing drug-related licences across India.
  3. The ONDLS is limited only to the issuance of manufacturing licences and does not cover sales licences or blood bank certifications.
  4. As of 2025, 18 States have adopted the ONDLS.

Which of the statements given above are correct?

6. 
Assertion (A): The ONDLS aims to improve transparency and accountability in India’s pharmaceutical regulatory system. Reason (R): The platform automates the process of drug approval and restricts public access to licence information to protect trade secrets.

7. 
With reference to the PM Surya Ghar Muft Bijli Yojana (PMSGMBY), consider the following statements:

  1. The scheme provides collateral-free loans up to ₹2 lakh for installing rooftop solar panels.
  2. It offers a six-month moratorium period before repayment begins.
  3. The loans are disbursed exclusively by Private Sector Banks.
  4. The loan process is fully digital and primarily based on self-declaration.

Which of the statements given above are correct?

8. 
Assertion (A): The PM Surya Ghar Muft Bijli Yojana has witnessed rapid adoption among Indian households. Reason (R): The integration of the JanSamarth Portal has simplified loan processing and enhanced user experience.

9. 
With reference to International Abhidhamma Day, consider the following statements:

  1. It commemorates the Buddha teaching the Abhidhamma Pitaka to the gods in Tavatimsa Heaven and later to Sariputta.
  2. The day is observed on the full moon of Śharada Pūrṇimā.
  3. It is primarily celebrated in Thailand and Sri Lanka, and not in India.
  4. The day emphasizes the ethical, philosophical, and doctrinal teachings of Abhidhamma.

Which of the statements given above are correct?

10. 
Who among the following was the Chief Guest at the 2025 Abhidhamma Divas conference held at Gautam Buddha University?

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