Sudhagaran Sir Official

CA QUIZ OF THE DAY Q1. Consider the following statements regarding an enforcement agency of the Government of India: 1. It investigates offences involving proceeds of crime and the laundering of illicit money. 2. It is responsible for enforcing the Prevention of Money Laundering Act (PMLA), 2002 and certain provisions relating to foreign exchange violations. Which of the following agencies is being described? A. Central Bureau of Investigation (CBI) B. National Investigation Agency (NIA) C. Enforcement Directorate (ED) D. Serious Fraud Investigation Office (SFIO

PYQ OF THE DAY Q5. Consider the following statements: Statement I : In India, income from allied agricultural activities like poultry farming and wool rearing in rural areas is exempted from any tax. Statement II : In India, rural agricultural land is not considered a capital asset under the provisions of the Income-tax Act, 1961. Which one of the following is correct in respect of the above statements? A. Both Statement I and Statement II are correct and Statement II explains Statement I B. Both Statement I and Statement II are correct but Statement II does not explains Statement I C. Statement I is correct but Statement II is not correct D. Statement I is not correct but Statement II is correct

PYQ OF THE DAY Q4. Consider the following statements I. The Reserve Bank of India mandates all the listed companies in India to submit a Business Responsibility and Sustainability Report (BRSR). II. In India, a company submitting a BRSR makes disclosures in the report that are largely non-financial in nature. Which of the statements given above is/are correct? A. I only B. II only C. Both I and II D. Neither I nor II

PYQ OF THE DAY Q3. With reference to the Government of India, consider the following information: Organisation - Some of its functions - It works under 1. Directorate of Enforcement - Enforcement of the Fugitive Economic Offenders Act, 2018 - Internal Security Division-1, Ministry of Home Affairs. 2. Directorate of Revenue Intelligence - Enforces the Provisions of the Customs Act, 1962 - Department of Revenue, Ministry of Finance. 3. Directorate General of Systems and Data Management - Carrying out big data analytics to assist tax officers for better policy and nabbing tax evaders - Department of Revenue, Ministry of Finance. A. Only one B. Only two C. All the three D. None

PYQ OF THE DAY Q2. Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds II. Buying and selling foreign currency III. Pension fund management IV. Lending to private companies V. Printing and distributing currency notes Select the correct answer using the code given below: (a) I and II only (b) II, III and IV (c) I, III, IV and V (d) I, II and V

PYQ OF THE DAY Q1. With reference to investments, consider the following: I. Bonds II. Hedge Funds III. Stocks IV. Venture Capital How many of the above are treated as Alternative Investment Funds? (a) Only one (b) Only two (c) Only three (d) All the four

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CA QUIZ OF THE DAY Q5. Consider the following statements regarding an organization: 1. It is one of India's oldest scientific institutions working in the field of biodiversity conservation and natural history research. 2. It has contributed significantly to studies on birds, wildlife habitats, and conservation initiatives across India. The above description best applies to: A. Wildlife Institute of India (WII) B. Bombay Natural History Society (BNHS) C. Zoological Survey of India (ZSI) D. Botanical Survey of India (BSI)

CA QUIZ OF THE DAY Q4. Consider the following statements regarding Ujani Reservoir: 1. It is located in Maharashtra. 2. It is facing ecological concerns from Suckermouth Catfish. 3. The species is native to the reservoir. Which of the statements given above are correct?

CA QUIZ OF THE DAY Q3. Consider the following pilgrimage shrines: 1. Amarnath Cave Shrine 2. Vaishno Devi Shrine 3. Shankaracharya Temple 4. Hazratbal Dargah The above places of pilgrimage are located in which of the following? A. Himachal Pradesh B. Uttarakhand C. Jammu & Kashmir (UT) D. Ladakh