The Daily Current Affairs Quiz questions are based on various national and regional newspapers including government news sources.
The questions are framed on happenings around you to enhance your competitiveness for news based concepts and facts
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Question 1 of 5
1. Question
Which of the following best describes “short selling” in the stock market?
Correct
Correct Answer: B) Selling a borrowed stock first, with the intention of buying it back at a lower price
Explanation:
Short selling is a strategy where an investor borrows shares from a broker and sells them at the current market price, aiming to repurchase them later at a lower price to return the borrowed shares. The profit is made from the price difference if the stock falls.
Incorrect
Correct Answer: B) Selling a borrowed stock first, with the intention of buying it back at a lower price
Explanation:
Short selling is a strategy where an investor borrows shares from a broker and sells them at the current market price, aiming to repurchase them later at a lower price to return the borrowed shares. The profit is made from the price difference if the stock falls.
Question 2 of 5
2. Question
Which of the following is NOT a risk associated with short selling?
Correct
Correct Answer: C) Guaranteed profits in falling markets
Explanation:
Short selling carries significant risks including unlimited losses, margin requirements, and liquidity issues. Profits are not guaranteed even in falling markets due to timing risks and market volatility.
Incorrect
Correct Answer: C) Guaranteed profits in falling markets
Explanation:
Short selling carries significant risks including unlimited losses, margin requirements, and liquidity issues. Profits are not guaranteed even in falling markets due to timing risks and market volatility.
Question 3 of 5
3. Question
What is the main objective of the Production Linked Incentive (PLI) scheme in the pharmaceutical sector?
Correct
Correct Answer: C) To boost domestic manufacturing and reduce import dependence on key ingredients
Explanation:
The PLI scheme for pharmaceuticals focuses on enhancing local production of Key Starting Materials (KSMs), Drug Intermediates (DIs), and Active Pharmaceutical Ingredients (APIs) to reduce dependency, especially on imports from countries like China.
Incorrect
Correct Answer: C) To boost domestic manufacturing and reduce import dependence on key ingredients
Explanation:
The PLI scheme for pharmaceuticals focuses on enhancing local production of Key Starting Materials (KSMs), Drug Intermediates (DIs), and Active Pharmaceutical Ingredients (APIs) to reduce dependency, especially on imports from countries like China.
Question 4 of 5
4. Question
Which of the following is TRUE about the ICMR-SCD Stigma Scale for India (ISSSI)?
Correct
Correct Answer: C) It is India’s first validated scale to measure stigma in SCD patients and caregivers
Explanation:
The ISSSI is not a diagnostic tool but a social research instrument developed by ICMR. It is the first Indian tool and fourth globally to measure stigma specifically related to Sickle Cell Disease.
Incorrect
Correct Answer: C) It is India’s first validated scale to measure stigma in SCD patients and caregivers
Explanation:
The ISSSI is not a diagnostic tool but a social research instrument developed by ICMR. It is the first Indian tool and fourth globally to measure stigma specifically related to Sickle Cell Disease.
Question 5 of 5
5. Question
Which of the following is NOT one of the six target groups under the Anaemia Mukt Bharat (AMB) mission?
Correct
Correct Answer: A) Elderly population above 60 years
Explanation:
The AMB Mission focuses on six groups: young children, school children, adolescents, women of reproductive age, pregnant women, and lactating mothers. The elderly population is not a targeted group under this initiative.
Incorrect
Correct Answer: A) Elderly population above 60 years
Explanation:
The AMB Mission focuses on six groups: young children, school children, adolescents, women of reproductive age, pregnant women, and lactating mothers. The elderly population is not a targeted group under this initiative.
