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7 March 2025 Daily CA Quiz

Welcome to your 7march2025dailycaquiz

1. 
Consider the following statements regarding NBFCs in India:

  1. NBFCs are allowed to accept demand deposits like commercial banks.
  2. State-owned NBFCs are subject to the same exposure limits as private NBFCs.
Which of the statements given above is/are correct?

2. 
Which of the following best explains why China’s role in the global fentanyl trade is a concern for the US?

3. 
Consider the following statements regarding the Wallace Line:

  1. It is a geographical boundary that separates the faunal regions of Asia and Australia.
  2. The line was first identified by Charles Darwin.
  3. Sulawesi Island exhibits species characteristics from both Asian and Australian regions.

Which of the statements given above are correct?

4. 
The Supreme Court’s directive to States and Union Territories to identify and document forest lands is based on which landmark judgment?

5. 
What is the primary reason for the weakening of the Antarctic Circumpolar Current (ACC)?

6. 
Which of the following factors contributed the most to India's shrinking agricultural trade surplus?

7. 
Consider the following statements regarding the risks associated with NBFCs’ lending to the power sector:

  1. NBFCs primarily finance long-term infrastructure projects, leading to asset-liability mismatches.
  2. High exposure to the power sector increases systemic risks due to interconnections with banks and bond markets.

Which of the statements given above is/are correct?

8. 
How has China reportedly obstructed US efforts to combat fentanyl trafficking?

9. 
Why do Australian species face greater difficulty in migrating northward compared to Asian species migrating southward?

10. 
Which of the following is NOT a consequence of a weakening Antarctic Circumpolar Current (ACC)?

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