Current Affairs Quiz , 14 Mar 2020

1) National Biopharma Mission (NBM) is co-funded by

a) World Bank
b) New Development Bank
c) Asian Development Bank
d) None of the above

Answer: a
• It is an industry-academia collaborative mission for accelerating biopharmaceutical development in the country
• It is co-funded by World Bank

2) Bhoomi Rashi Portal, recently seen in news, is an e-Governance initiative of

a) ISRO
b) Ministry of Road Transport & Highways
c) Ministry of Environment, Forest and Climate Change
d) None of the above

Answer: b
• The Bhoomi Rashi Portal is an e-Governance initiative of the Ministry of Road Transport & Highways.
• The portal intends to expedite the process of land acquisition for National Highways.

3) Blue chip stocks, recently seen in news, refers to stocks of

a) IT companies
b) Social networks like Facebook
c) Companies with strong financial performance
d) None of the above

Answer: c
• Blue chip stocks are shares of very large and well-recognised companies with a long history of sound financial performance.

4) Market that is on the rise and is economically sound is called

a) bull market
b) bear market
c) stag market
d) None of the above

Answer: a
• A bull market is a market that is on the rise and is economically sound, while a bear market is a market that is receding, where most stocks are declining in value.

5) National Clean Air Programme (NCAP) aims to reduce PM2.5 and PM10 concentration by 2024 to

a) 20-30%
b) 30-40%
c) 5-15%
d) 15-20%

Answer: a
• The programme will not be notified under the Environment Protection Act or any other Act to create a firm mandate with a strong legal back up for cities and regions to implement NCAP in a time bound manner for effective reduction.
• Target: Achieve a national-level target of 20-30% reduction of PM2.5 and PM10 concentration by between 2017 and 2024.