Daily Current Affairs Quiz March 5, 2025

Daily Current Affairs Quiz March 5, 2025

1. Consider the following statements regarding Biodiversity Credits:

   1. They are verifiable, quantifiable, and tradeable financial certificates rewarding positive biodiversity outcomes.

   2. The current market value is estimated at $8 million by the World Economic Forum.

   3. They are connected to the Kunming-Montreal Global Biodiversity Framework.

   4. They are projected to grow to $69 billion by 2050.

   Which of the statements given above are correct?
   a) 1, 2 and 3 only
   b) 2, 3 and 4 only
   c) 1, 3 and 4 only
   d) 1, 2, 3 and 4

2. With reference to the Global Operational Network of Anti-Corruption Law Enforcement Authorities (GlobE Network), consider the following statements:

   1. India was elected to its fifteen-member steering committee in 2024.

   2. The network was launched under the G20 framework.

   3. In India, the Ministry of Home Affairs acts as the Central Authority.

   4. The network currently includes 121 member countries.

   Which of the statements given above are correct?
   a) 1, 2 and 3 only
   b) 2, 3 and 4 only
   c) 1, 3 and 4 only
   d) 1, 2, 3 and 4

3. With reference to the Central Silk Board, consider the following statements:

   1. It is a statutory body established under the Central Silk Board Act, 1948.

   2. It functions under the administrative control of the Ministry of Textiles.

   3. India is currently the world’s largest producer of raw silk.

   4. The Board implements the Silk Samagra scheme to develop the sericulture sector.

   Which of the statements given above are correct?
   a) 1, 2 and 3 only
   b) 2, 3 and 4 only
   c) 1, 2 and 4 only
   d) 1, 2, 3 and 4

4. With reference to the Hand in Hand Initiative, consider the following statements:

   1. It aims to create 10 million jobs by 2025.

   2. It has already created more than 10.35 million jobs.

   3. It follows an integrated approach to address multidimensional poverty.

   4. It has presence in countries including Cambodia and South Africa.

   Which of the statements given above are correct?
   a) 1 and 3 only
   b) 2 and 4 only
   c) 1, 2 and 3 only
   d) 1, 2, 3 and 4

5. Consider the following statements regarding the EnviStats India 2024 report:

   1. It is the 7th consecutive publication in the series.

   2. It was released by the Ministry of Statistics and Programme Implementation.

   3. The report recorded a 72% increase in the number of Protected Areas from 2000-2023.

   4. It introduced Ocean Accounts for the first time.

   Which of the statements given above are correct?
   a) 1 and 2 only
   b) 2 and 3 only
   c) 1, 2 and 3 only
   d) 1, 2, 3 and 4

6. Recently seen in the news, the Kaimur Wildlife Sanctuary relates to which of the following developments?
   a) Designation as a UNESCO World Heritage Site
   b) Approval as Bihar’s second tiger reserve
   c) Selection as a pilot site for the Project Elephant corridor
   d) Identification as a new biodiversity hotspot

7. The Living Planet Report, which assesses the state of global biodiversity, is published by:
   a) United Nations Environment Programme
   b) World Wildlife Fund for Nature
   c) International Union for Conservation of Nature
   d) Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services

8. The Global Framework on Chemicals fund is primarily aimed at:
   a) Phasing out single-use plastics globally by 2030
   b) Establishing international regulations for chemical manufacturing
   c) Financing research on sustainable alternatives to harmful chemicals
   d) Providing resources for developing countries to manage chemicals and waste safely

9. Consider the following statements about the PM Surya Ghar Scheme:

   1. It focuses on promoting rooftop solar installations in residential homes.

   2. It aims to reduce household electricity bills.

   3. It contributes to India’s commitment to achieve 500 GW of non-fossil fuel capacity by 2030.

   4. It provides both subsidy and affordable financing options.

   Select the correct answer using the code given below:
   a) 1 and 2 only
   b) 2 and 3 only
   c) 1, 3 and 4 only
   d) 1, 2, 3 and 4

10. The ‘Jal Hi Amrit’ scheme launched by the Government of India primarily focuses on:
    a) River interlinking projects
    b) Rainwater harvesting in urban areas
    c) Water conservation and aquifer recharge in water-stressed regions
    d) Providing tap water connections to rural households

Answer Key

1. d) 1, 2, 3 and 4
   All statements are correct. Biodiversity credits are verifiable, quantifiable, and tradeable financial certificates rewarding positive biodiversity outcomes. According to the World Economic Forum, their current market value is estimated at $8 million. They are connected to the Kunming-Montreal Global Biodiversity Framework and are projected to grow to $69 billion by 2050.

2. d) 1, 2, 3 and 4
   All statements are correct. India was elected to the fifteen-member steering committee of the GlobE Network in 2024. The network was launched under the G20 framework. In India, the Ministry of Home Affairs acts as the Central Authority, and the network currently includes 121 member countries.

3. c) 1, 2 and 4 only
   Statements 1, 2, and 4 are correct. The Central Silk Board is a statutory body established under the Central Silk Board Act, 1948, and functions under the administrative control of the Ministry of Textiles. It implements the Silk Samagra scheme for the development of the sericulture sector. Statement 3 is incorrect as China, not India, is currently the world’s largest producer of raw silk. India is the second-largest producer globally.

4. d) 1, 2, 3 and 4
   All statements are correct. Hand in Hand Initiative aims to create 10 million jobs by 2025, has already created more than 10.35 million jobs, follows an integrated approach to address multidimensional poverty, and has presence in multiple countries including Cambodia and South Africa.

5. d) 1, 2, 3 and 4
   All statements are correct. The EnviStats India 2024 is the 7th consecutive publication, released by the Ministry of Statistics and Programme Implementation. It reported a 72% increase in Protected Areas from 2000-2023 and introduced Ocean Accounts for the first time.

6. b) Approval as Bihar’s second tiger reserve
   The central government has given temporary approval to create Bihar’s second tiger reserve in Kaimur district.

7. b) World Wildlife Fund for Nature
   The Living Planet Report is published biennially by the World Wildlife Fund for Nature (WWF).

8. d) Providing resources for developing countries to manage chemicals and waste safely
   The Global Framework on Chemicals fund aims to support developing countries in managing chemicals and hazardous waste in an environmentally sound manner.

9. d) 1, 2, 3 and 4
   All statements about the PM Surya Ghar Scheme are correct. It focuses on residential rooftop solar installations, aims to reduce electricity bills, contributes to India’s renewable energy goals, and provides both subsidies and financing options.

10. d) Providing tap water connections to rural households
    The ‘Jal Hi Amrit’ scheme primarily focuses on providing functional household tap connections to rural households, ensuring access to clean drinking water.