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08 Aug 2025 Daily CA Quiz

author August 8, 2025 No Comments CA Quiz Quiz

Welcome to your 08aug2025dailycaquiz

With reference to the recent India–Russia agreement on industrial and technological cooperation, consider the following statements:

The agreement focuses exclusively on defence manufacturing and arms technology transfer.
It includes cooperation in sectors such as high-tech manufacturing, machine-building, and energy equipment.
It facilitates partnerships between public and private sector organisations for research and skill development.

1 and 2 only

2 and 3 only

1 and 3 only

1, 2, and 3

None

The strategic significance of the new India–Russia agreement on industrial and technological cooperation includes which of the following?

Supporting the ‘Make in India’ initiative through advanced technology access.
Diversifying bilateral ties beyond the traditional defence partnership.
Expanding Russia’s industrial market access in Asia.

1 and 2 only

1 and 3 only

2 and 3 only

1, 2 and 3

None

Consider the following about Gujarat’s export performance in FY 2024–25:

Gujarat accounted for about 26.6% of India’s total exports.
Jamnagar district contributed nearly 37% of Gujarat’s exports.
Gujarat experienced an increase in export value compared to the previous fiscal year.

1 and 2 only

2 and 3 only

1 and 3 only

1, 2 and 3

None

Which of the following sectors primarily contributes to Gujarat’s export strength?

Petroleum products, chemicals, pharmaceuticals, and gems & jewellery

Automobiles, textiles, IT services, and engineering goods

Electronics manufacturing, software services, and renewable energy

Agriculture, handicrafts, and fisheries

None

What is the proposed new base year for calculating India’s GDP as per MoSPI’s recent proposal?

2020–21

2022–23

2017–18

2024–25

None

Why is updating the base year for GDP, IIP, and CPI important?

To reflect current economic realities and improve data accuracy

To reduce the frequency of data publication

To increase inflation artificially

To make data incompatible with international standards

None

What was the key repo rate maintained by the Reserve Bank of India in its third bi-monthly monetary policy review for FY 2025-26?

5.25%

5.50%

5.75%

6.00%

None

Which of the following is NOT true about RBI’s inflation forecast in the August 2025 monetary policy?

CPI inflation forecast was revised down to 3.1% from 3.7%

Headline CPI inflation dropped to a 77-month low of 2.1% in June

CPI inflation is expected to rise steadily to 4.9% by Q1 FY 2026-27

RBI expects CPI inflation to remain above 6% throughout FY 2025-26

None

What is the minimum percentage of each co-lent loan that a co-lender must retain on its books as per RBI’s final co-lending guidelines?

10%

15%

20%

None

10.

What is the primary purpose of the E-commerce Export Task Force established under the Amazon India and FIEO MoU?

To promote domestic e-commerce sales only.

To address infrastructure, regulatory, and procedural challenges for Indian exporters.

To invest in new manufacturing units for MSMEs.

To regulate prices of Indian export products globally

None

Time’s up

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