The Daily Current Affairs Quiz questions are based on various national and regional newspapers including government news sources.
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Question 1 of 5
1. Question
Which of the following correctly describes Pedicularis rajeshiana?
Correct
Answer: B. It is a newly discovered plant from Rohtang Pass, belonging to the Lousewort group.
Explanation: Pedicularis rajeshiana is a hemiparasitic plant discovered at Rohtang Pass in Himachal Pradesh. It belongs to the Orobanchaceae family and is part of the Lousewort group.
Incorrect
Answer: B. It is a newly discovered plant from Rohtang Pass, belonging to the Lousewort group.
Explanation: Pedicularis rajeshiana is a hemiparasitic plant discovered at Rohtang Pass in Himachal Pradesh. It belongs to the Orobanchaceae family and is part of the Lousewort group.
Question 2 of 5
2. Question
Under the Modified Interest Subvention Scheme (MISS), what is the effective interest rate for farmers who repay loans on time?
Correct
Answer: D. 4%
Explanation: Farmers under MISS get a loan at 7% interest. If they repay on time, they receive a 3% Prompt Repayment Incentive, reducing the effective interest rate to 4%.
Incorrect
Answer: D. 4%
Explanation: Farmers under MISS get a loan at 7% interest. If they repay on time, they receive a 3% Prompt Repayment Incentive, reducing the effective interest rate to 4%.
Question 3 of 5
3. Question
Which of the following is NOT true regarding an Initial Public Offering (IPO) in India?
Correct
Answer: B. SEBI decides the IPO pricing based on company valuation.
Explanation: IPO pricing is decided by the company and merchant bankers, not SEBI. SEBI’s role is to review and approve the offer document, not to fix prices.
Incorrect
Answer: B. SEBI decides the IPO pricing based on company valuation.
Explanation: IPO pricing is decided by the company and merchant bankers, not SEBI. SEBI’s role is to review and approve the offer document, not to fix prices.
Question 4 of 5
4. Question
Under the Wildlife Protection (Amendment) Act, 2022, what major change was made to the concept of vermin classification?
Correct
Answer: C. The Centre can now directly declare animals as vermin without Schedule V.
Explanation: The Amendment Act of 2022 removed Schedule V and empowered the Central Government to declare species as vermin directly (except Schedule I animals), simplifying the process.
Incorrect
Answer: C. The Centre can now directly declare animals as vermin without Schedule V.
Explanation: The Amendment Act of 2022 removed Schedule V and empowered the Central Government to declare species as vermin directly (except Schedule I animals), simplifying the process.
Question 5 of 5
5. Question
What makes Pedicularis rajeshiana unique among other species of its genus?
Correct
Answer: C. It displays a double galea (twin hood) and stamens at three levels — never seen before in the genus.
Explanation: The newly discovered plant shows a rare combination of features like a deeply cut lower lip, stamens at three levels, and in some flowers, a double galea — an evolutionary novelty in the genus Pedicularis.
Incorrect
Answer: C. It displays a double galea (twin hood) and stamens at three levels — never seen before in the genus.
Explanation: The newly discovered plant shows a rare combination of features like a deeply cut lower lip, stamens at three levels, and in some flowers, a double galea — an evolutionary novelty in the genus Pedicularis.