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16 Aug 2025 Daily CA Quiz

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Welcome to your 16aug2025dailycaquiz

1. 
With reference to Bharat Steel 2026, consider the following statements:

  1. It is being organized by the Ministry of Steel and Heavy Industries and will be hosted at Bharat Mandapam, New Delhi.
  2. The event seeks to position India as a hub for resilient and eco-conscious steel production.
  3. One of the key focus areas of the conference is buyer-seller engagement across the steel value chain.

Which of the statements given above is/are correct?

2. 
Assertion (A): India’s per capita steel consumption has crossed the 100 kg mark for the first time. Reason (R): The National Steel Policy 2017 had set a target to raise per capita steel consumption to 160 kg by 2030–31.

3. 
With reference to the Nasha Mukt Bharat Abhiyaan (NMBA), consider the following statements:

  1. It was launched in 2020 under the National Action Plan for Drug Demand Reduction.
  2. The campaign initially covered all districts across India.
  3. The Narcotics Control Bureau is the nodal agency for demand reduction activities.

Which of the statements given above is/are correct?

4. 
Assertion (A): The Ministry of Social Justice & Empowerment is the nodal ministry for the NMBA. Reason (R): MoSJE is responsible for treatment and rehabilitation services under the campaign.

5. 
With reference to the Approved List of Models and Manufacturers (ALMM) for solar PV modules, consider the following statements:

  1. ALMM was introduced in 2014 to boost domestic manufacturing of solar cells and modules.
  2. The first ALMM list (2021) had a capacity of less than 10 GW.
  3. By mid-2025, India’s ALMM-listed capacity stood at 100 GW.

Which of the statements given above is/are correct?

6. 
Which of the following have been identified as policy drivers behind India achieving 100 GW of ALMM-listed solar module capacity?

  1. Production Linked Incentive (PLI) scheme for high-efficiency solar modules.
  2. Renewable Energy Development Fund under the RBI’s priority sector lending.
  3. 40% Basic Customs Duty on imported solar modules.
  4. National Hydrogen Mission.

7. 
Assertion (A): The MY Bharat–SOUL MoU ensures representation from marginalised communities in its leadership program. Reason (R): The program design mandates inclusion of rural, urban, aspirational, tribal, women, and marginalised youth.

8. 
The MY Bharat–SOUL MoU (2025) can be seen as part of India’s broader demographic dividend strategy. Which of the following outcomes does it directly support?

  1. Creating digitally skilled and socially conscious youth leaders.
  2. Reducing India’s dependence on foreign universities for leadership training.
  3. Strengthening governance and policy participation among young citizens.

9. 
Assertion (A): The IGNCA–BSIP MoU aims to weave together science and culture into a cohesive narrative. Reason (R): India has no historical tradition of integrating scientific inquiry with cultural expression

10. 
With reference to the RBI’s August 2025 circular introducing Continuous Clearing and Settlement on Realisation (CCSR) under the Cheque Truncation System (CTS), consider the following statements:

  1. Under Phase I (October 2025), cheques not confirmed by the drawee bank by 7:00 PM will be deemed approved.
  2. In Phase II (January 2026), the timeline for cheque confirmation is reduced to one hour from the time of presentation.
  3. Settlement entries under CCSR are generated only once at the end of the day.
  4. Presenting banks must release funds to customers within one hour of settlement completion.

Which of the above statements is/are correct?

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