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03-04th Aug 2025 Daily CA Quiz

Welcome to your 03-04thaug2025dailycaquiz

1. 
With reference to the “Aadi Karmayogi Abhiyan” recently launched by the Ministry of Tribal Affairs, consider the following statements:

  1. It aims to formally recognize the traditional skills of tribal communities through the Recognition of Prior Learning (RPL) framework.
  2. It is implemented exclusively through the Eklavya Model Residential Schools.
  3. It is aligned with larger national goals such as Atmanirbhar Bharat and SDG 8.
  4. The scheme includes components such as skill assessment camps and financial literacy training.

Which of the above statements is/are correct?

2. 
Which of the following best describes the purpose of the Recognition of Prior Learning (RPL) initiative under the Aadi Karmayogi Abhiyan?

3. 
With reference to the first Grassland Bird Census conducted in Kaziranga National Park in 2025, consider the following statements:

  1. The census employed scientific methods such as line transects and point counts for bird population estimation.
  2. The Bengal Florican, recorded during the census, is listed as ‘Critically Endangered’ on the IUCN Red List.
  3. The census contributes to India’s obligations under the Convention on Migratory Species (CMS) and the Ramsar Convention.

Which of the above statements is/are correct?

4. 
Why is the first-ever Grassland Bird Census in India considered ecologically significant?

5. 
With reference to India’s maritime green energy initiatives, consider the following statements:

  1. V.O. Chidambaranar (VOC) Port is the first Indian port to produce green hydrogen on-site using solar energy.
  2. Green hydrogen emits fewer carbon emissions than blue hydrogen but more than grey hydrogen.
  3. The VOC Port’s green initiatives contribute to international commitments such as the IMO 2030 and 2050 decarbonization goals.

Which of the above statements is/are correct?

6. 
Which of the following national missions and initiatives are directly associated with VOC Port’s recent transition to renewable and green energy?

  1. PM Gati Shakti National Master Plan
  2. National Green Hydrogen Mission
  3. Sagarmala Programme
  4. Atal Bhujal Yojana

7. 
With reference to the recent policy changes introduced by the National Payments Corporation of India (NPCI) regarding UPI transactions, consider the following statements:

  1. UPI IDs inactive for over 12 months will be automatically deactivated to reduce fraud risks.

  2. Pre-debit notifications are now mandatory before any auto-debit transaction like SIPs or EMIs.

  3. Users can now port their UPI handle (e.g., @oksbi to @ybl) without changing their linked bank account.

  4. All merchants must now charge a uniform Merchant Discount Rate (MDR) across all sectors.

Which of the above statements is/are correct?

8. 
Which of the following features were introduced under the August 2025 UPI guidelines to improve user experience and system efficiency?

  1. Standardized daily transaction limits for different user categories
  2. Centralized grievance redressal dashboard within UPI apps
  3. Mandatory display of UPI fee breakup on merchant invoices
  4. Restriction of UPI services to government-linked bank accounts only

9. 
With reference to SEBI’s regulatory framework for Asset Management Companies (AMCs), consider the following statements:

  1. An AMC must obtain a Certificate of Registration from SEBI under the SEBI (Mutual Funds) Regulations, 1996 before launching any mutual fund scheme.
  2. SEBI mandates AMCs to follow norms related to capital adequacy, risk diversification, and investor transparency.
  3. Once registered, an AMC can operate without any restrictions on the kind of investment products it may offer to investors.
  4. Entry of new AMCs is expected to reduce market competition and increase management fees.

10. 
With reference to the recent revision of India’s GDP growth forecast by Fitch Ratings for FY2026, consider the following statements:

  1. The revision reflects both global and domestic factors affecting India’s medium-term economic outlook.
  2. India’s strong fundamentals, such as domestic demand and infrastructure investment, were cited as reasons for the downgrade.
  3. A lower growth forecast can influence foreign investment sentiment and India’s sovereign credit outlook.
  4. Fitch Ratings operates under the Reserve Bank of India as a domestic credit rating agency.

Which of the above statements is/are correct?

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