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21 December 2024 Daily CA Quiz

Welcome to your 21december2024dailycaquiz

1. 
Concerning remittances, consider the following statements:

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?

2. 
Which of the following is NOT a key feature of the mRNA cancer vaccine developed by Russia?

3. 
Consider the following characteristics of hydrothermal vents:

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?

4. 
The Supreme Court of India recently expanded the investigative powers of the NIA. Which of the following statements is true regarding this development?

5. 
Consider the following traditional practices of Thrissur Pooram:

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?

6. 
Regarding the Deep Ocean Mission of India, which of the following statements is correct?

7. 
Concerning the Supreme Court's ruling on coconut oil taxation, consider the following statements:

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?

8. 
Identify the year in which Thrissur Pooram was first celebrated:

9. 
The mRNA in vaccines serves which of the following purposes?

10. 
Consider the following benefits of remittances:

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?

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