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6 March 2025 Daily CA Quiz

Welcome to your 6march2025dailycaquiz

1. 
Consider the following statements regarding the Cities Coalition for Circularity (C-3):

I. It is an international alliance focused on integrating circular economy principles into urban planning and waste management.
II. It operates under the United Nations Environment Programme (UNEP) as a regulatory body for sustainable urban development.
Which of the statements given above is/are correct?

2. 
Which of the following is not an eligibility criterion for a Central Public Sector Enterprise (CPSE) to attain Navratna status?

3. 
Consider the following statements regarding taxation on Virtual Digital Assets (VDAs) in India:

I. Profits from VDA transactions are taxed at a flat 30%, with no deductions allowed for expenses.
II. A 1% Tax Deducted at Source (TDS) is applicable on all VDA transfers, including peer-to-peer (P2P) transactions.
III. Small traders with annual transactions below ₹10,000 are fully exempt from paying income tax on VDAs.
Which of the statements given above is/are correct?

4. 
What is the primary purpose of Security Receipts (SRs) issued by Asset Reconstruction Companies (ARCs)?

5. 
Consider the following statements about India’s River Dolphin Survey (2021-2023):

I. The survey was conducted by the Wildlife Institute of India (WII) under the Union Environment Ministry.
II. The highest population of Gangetic Dolphins was found in Bihar.
III. The Indus River Dolphin was recorded only in the Beas River, Punjab.
Which of the statements given above is/are correct?

6. 
Consider the following statements regarding Arrow-3 Missile Defense System:

I. Arrow-3 is designed to intercept ballistic missiles within the Earth’s atmosphere.
II. It uses hit-to-kill technology for interception.
Which of the above statements is/are correct?

7. 
Which of the following is true about the Asia-Pacific Telecommunity (APT)?

8. 
Consider the following statements regarding Exercise Sanyukt Vimochan:

I. It is an annual military exercise conducted exclusively by the Indian Army.
II. The 2024 edition focused on disaster relief operations in coastal regions.
III. It involves multi-agency participation, including the NDRF and SDRF.
Which of the above statements is/are correct?

9. 
Which of the following statements about Guyana is correct?

10. 
Consider the following statements:

I. Article 39(b) mandates that material resources of the community should be distributed for the common good.
II. Article 31C was fully upheld in the Minerva Mills case (1980).
Which of the above statements is/are correct?

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