Daily Quiz – 30.07.2026

1999. The Policyholders' Education and Protection Fund (PEPF) has been operationalised under Section 16A of the IRDA Act, 1999.
2000. The reforms introduce perpetual registration for insurance intermediaries through an annual fee regime.

III. The IRDAI has retained the 74% ceiling on foreign investment in insurance companies.

How many of the above statements are correct?

1. The Bab el-Mandeb Strait connects the Red Sea with the Gulf of Aden and serves as the southern maritime gateway to the Suez Canal, making it a vital route for global trade.
2. The Houthi movement is a Sunni Islamist group based in Yemen that primarily operates along the country's eastern coastline and is widely regarded as an ally of Saudi Arabia.

The above statements are associated with which of the following?

1. Strategic maritime chokepoints influencing global energy security.
2. Proxy conflicts affecting international shipping and Sea Lines of Communication (SLOCs).

Choose the correct answer:

Amendment Act, 1976 on the recommendations of the Swaran Singh Committee.

1. Fundamental Duties are non-justiciable, but courts have referred to them while interpreting laws and constitutional provisions.

III. The 86th Constitutional Amendment Act, 2002 added a Fundamental Duty requiring parents or guardians to provide opportunities for education to children between 6 and 14 years.

Which of the followingInferencesare correct?

1. Since Fundamental Duties were introduced through a constitutional amendment, they originally did not form part of the Constitution as adopted in 1950.
2. Because Fundamental Duties are non-justiciable, they can never influence judicial decisions or constitutional interpretation.
3. The addition of a Fundamental Duty relating to children's education indicates that the Constitution recognises a civic responsibility of parents or guardians alongside educational objectives.

Which of the above inferences are valid?