27September2025DailyCAQuiz

1. The pact includes a clause that any aggression against one country will be treated as aggression against both.
2. The agreement was signed after a terror attack in Jammu and Kashmir in April 2025.
3. Saudi Arabia has traditionally relied on Pakistan for nuclear support.
4. The pact reflects Saudi Arabia’s move towards multipolarity and reduced reliance on the United States.

Which of the above statements are correct?

1. More than 70% of India’s merchandise exports come from Gujarat, Maharashtra, Tamil Nadu, and Karnataka.
2. Gujarat alone contributes over one-third of India’s total exports.
3. Uttar Pradesh, Bihar, and Madhya Pradesh together account for more than 20% of India’s exports.
4. The northeast region contributes less than 1% of national exports.

Which of the above statements are correct?

1. It refers to a situation where interest rates are very low, but credit demand remains subdued.
2. It was first explained by John Maynard Keynes during the Great Depression of the 1930s.
3. In such situations, monetary policy becomes ineffective in stimulating investment.
4. A liquidity trap leads to inflationary pressures because people prefer borrowing excessively at low rates.

Which of the above statements are correct?

1. ₹1 lakh crore income tax concessions
2. Reduction in GST rates on consumer goods
3. Expansion of MGNREGS
4. Increase in customs duties on imports

Which of the above are demand-boosting measures in the context of the liquidity trap?

1. India recognised the Palestine Liberation Organisation (PLO) in 1974.
2. India formally recognised the State of Palestine in 1988.
3. India has consistently supported UN resolutions opposing Israeli settlements.
4. India was among the founding members of the Organisation of Islamic Cooperation (OIC) and used this platform to support Palestine.

Which of the above statements are correct?

1. The Sixth Schedule of the Constitution currently applies to certain tribal areas of Northeastern states.
2. It provides for Autonomous District Councils (ADCs) with powers over land, forests, and policing.
3. Ladakh, despite being a Union Territory with over 90% Scheduled Tribe population, currently has no legislature or ADCs.
4. The Sixth Schedule is applicable to all Union Territories with a tribal majority population.

1. Statehood for Ladakh
2. Inclusion under the Sixth Schedule
3. Establishment of a Ladakh Public Service Commission
4. Separate Lok Sabha seats for Leh and Kargil
5. Withdrawal of Article 370