21 December 2024 Daily CA Quiz

I. India retained its position as the largest recipient of remittances globally in 2024.
II. The growth rate of remittances in 2024 was higher than in 2023.
III. The United States is the largest source of remittances globally.

Which of the statements given above are correct?

I. They are formed due to the interaction of cold seawater and magma beneath the ocean floor.
II. Hydrothermal vents are found exclusively in non-volcanic regions.
III. These vents support unique ecosystems independent of sunlight.

Which of the statements given above are correct?

I. Elephant processions featuring ornate caparisons.
II. Musical performances like the Melam.
III. Strict adherence to minimum spacing rules for elephants during processions.

How many of the above practices are key features of Thrissur Pooram?

I. Coconut oil is classified as edible oil under the GST regime.
II. The Supreme Court ruled that packaging size is irrelevant for tax classification.
III. Coconut oil used as a hair product is taxed at 18% GST.

Which of the statements given above are correct?

I. They contribute significantly to the GDP of developing nations.
II. They reduce the dependence on foreign aid for infrastructure development.
III. They stabilize economies by providing foreign currency reserves.

How many of the above benefits are correct?