Daily Current Affairs Quiz – 16th July 2024

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 16th July 2024. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2024 & other competitive exams can make use of these Current Affairs Quiz.

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1) The State Bank of India (SBI) has raised its benchmark Marginal Cost of Funds Based Lending Rate (MCLR) by 5 to 10 basis points for most tenures. When was the MCLR adopted as a minimum interest rate below which banks cannot lend?

(a) January 1 2016

(b) April 1 2016

(d) May 1 2016

(e) October 1 2016

2) The Securities and Exchange Board of India has designated BSE as the supervisory authority for research analysts and investment advisers. Which regulation of the Research Analysts Regulations (RA Regulations) and the Investment Advisers Regulations (IA Regulations) governs this recognition?

(a) Regulation 14

(b) Regulation 12

(d) Regulation 10

(e) Regulation 15

3) Bajaj Finserv Asset Management has launched Finserv Savings+, a new financial product designed for ordinary investors. Bajaj Finserv Liquid Fund invested mostly in money market and debt securities with maturities of up to how many days?

(a) 100days

(b) 30days

(d) 60days

(e) 91days

4) Which organization has requested research ideas to assess the socioeconomic effects of the Jal Jeevan Mission (JJM) of the central government?

(a) ICAR

(b) ICSSR

(d) WMO

(e) SARRC

5) The________round of discussions between South Korea and India to review and upgrade their Comprehensive Economic Partnership Agreement (CEPA) is scheduled to take place in Seoul from July 17–19, 2024.

(a) 10th

(b) 9th

(d) 13th

(e) 12th

6) As degradation threatens up to 90% of Earth’s soil by 2050, UNESCO Chief Audrey Azoulay calls on 194 Member States to Strengthen Soil Protection. What percentage of soils are already deteriorated, according to UNESCO and the World Atlas of Desertification?

(a) 70%

(b) 75%

(d) 85%

(e) 65%

7) With the help of the local community, Thazhakara has emerged as the first grama panchayat in Alappuzha and among the first in Kerala to update and publish an extensive People’s Biodiversity Register (PBR). To what percentage of Keralan local bodies does KSBB want to upgrade PBRs by the end of 2024?

(a) 25%

(b) 75%

(d) 55%

(e) 60%

8) K.P Sharma Oli was selected Prime Minister of which nation for the third time to lead the new coalition administration, which confronts the enormous task of restoring political stability?

(a) Bhutan

(b) Nepal

(d) Myanmmar

(e) Srilanka

9) Lithuanian President Gitanas Nausėda was sworn in for a second five-year term during a ceremony conducted at the Seimas, the Lithuanian parliament. President Nausėda’s second term program includes boosting Lithuania’s defense spending to what percentage of GDP?

(a) 2%

(b) 3%

(d) 5%

(e) 6%

10) Who has been named Managing Partner and Head of EMEA & India Investing at SoftBank Vision Fund to the board of Oravel Stays Limited (OYO’s parent company) as a non-executive director?

(a) Munish Varma

(b) Bejul Somaia

(d) Troy Alstead

(e) Aditya Ghosh

11) Prince Harry accepted the Pat Tillman Award for Service at the ESPY Awards in Los Angeles. The Invictus Games were started by Prince Harry in which year?

(a) 2012

(b) 2014

(d) 2018

(e) 2015

12) How many square feet did four crew members of NASA’s massive Crew Health and Performance Exploration Analog (CHAPEA) mission at Johnson Space Center in Houston emerge from as they wrapped up their first year-long Mars simulation?

(a) 1,700-square-foot

(b) 1,800-square-foot

(d) 1,500-square-foot

(e) 1,600-square-foot

13) Renowned horse trainer Sheraz K. Sunderji died at the age of 64. Which year did Sunderji start his amazing profession as a horse trainer?

(a) 1985

(b) 1984

(d) 1987

(e) 1988

14) In the Euro 2024 championship match, Spain defeated England, returning to their former position as the leading team in world football. The Golden Boot award was shared by how many players?

(a) 5

(b) 4

(d) 3

(e) 7

15) After a thrilling 1-0 victory over Colombia in extra time, Argentina won their 16th Copa America championship. Which nation had previously shared the record with 15 Copa America trophies before Argentina overtook them?

(a) Gerogia

(b) Slovakia

(d) Germany

(e) Spain

16) How many years has Saudi Arabia engaged into a cooperation to routinely host the Olympic Esports Games 2025 will be the first-ever Esports Games, a key milestone in merging esports with traditional Olympic sports?

(a) 10year

(b) 12year

(d) 30year

(e) 15year

17) Which city hosted the Vasanti Shinde and Leonie Kung win the $75,000 ITF Women’s Tennis Tournament doubles championship?

(a) Tokyo

(b) Rome

(d) Newyork

(e) Moscow

18) Carlos Alcaraz of Spain won Grand Slam championship, defeating Novak Djokovic 6-2, 6-2, 7-6 (4) in the Wimbledon men’s final. Alcaraz became the youngest player to win __________ Grand Slam championships, winning his first in the 2022 US Open as a youngster.

(a) 2nd

(b) 3rd

(d) 5th

(e) 1st

19) What is the currency of Lithuania?

(a) Peso

(b) Euro

(d) Franc

(e) Pound

20) Which year’s Biological Diversity Act requires the construction of PBRs at the local level in order to document and protect bioresources and traditional knowledge?

(a) 2000

(b) 2001

(d) 2005

(e) 2004

Answers :

1) Answer: B

Short Explanation:

State Bank of India (SBI) has increased its benchmark Marginal Cost of Funds Based Lending Rate (MCLR) by 5 to 10 basis points across most tenures.
One basis point equals 01 percentage point.
Previous Adjustments:This hike is the second consecutive increase in MCLR by SBI, following a 10 basis point hike in June, 2024.
MCLR was introduced on April 1, 2016, as a minimum interest rate below which banks cannot lend.

Detailed Explanation:

State Bank of India (SBI) has increased its benchmark Marginal Cost of Funds Based Lending Rate (MCLR) by 5 to 10 basis points across most tenures.
One basis point equals 01 percentage point.
The revised MCLR rates are effective from July 15, 2024.
New MCLR Rates:
1 Month MCLR: Increased by 5 basis points to 8.35%.
3 Month MCLR: Increased by 10 basis points to 8.40%.
6 Month MCLR: Increased by 10 basis points to 8.75%.
1 Year MCLR: Increased by 10 basis points to 8.85%.
2 Years MCLR: Increased by 10 basis points to 8.95%.
3 Year MCLR: Increased by 5 basis points to 9.00%.
Impact on Loans:Interest rates on loans linked to MCLR are expected to rise by a similar amount as the MCLR hike.
Previous Adjustments:This hike is the second consecutive increase in MCLR by SBI, following a 10 basis point hike in June, 2024.
MCLR was introduced on April 1, 2016, as a minimum interest rate below which banks cannot lend.
It reflects the increase in banks’ cost of funds.

2) Answer: A

Short Explanation:

The Capital markets regulator Securities and Exchange Board of India (SEBI) has recognized BSE Limited as a supervisory body for Research Analysts (RAs) and Investment Advisers (IAs) to oversee their management and administration.
Regulatory Framework:This recognition is granted under Regulation 14 of the Research Analysts Regulations (RA Regulations) and Investment Advisers Regulations (IA Regulations).
Duration of Recognition:The recognition is valid for a period of 5 years, starting from July 25, 2024.

Detailed Explanation:

The Capital markets regulator Securities and Exchange Board of India (SEBI) has recognized BSE Limited as a supervisory body for Research Analysts (RAs) and Investment Advisers (IAs) to oversee their management and administration.
Regulatory Framework:This recognition is granted under Regulation 14 of the Research Analysts Regulations (RA Regulations) and Investment Advisers Regulations (IA Regulations).
BSE will operate as the Research Analysts and Investment Advisers Supervision Body (RAASB) and Investment Advisers Supervision Body (IAASB).
Duration of Recognition:The recognition is valid for a period of 5 years, starting from July 25, 2024.
These measures aim to ensure the management and administration of RAs and IAs are effectively overseen.
Objective of the Move:The move is intended to protect investor interests in the securities market.
It also aims to promote the development and regulate the securities market.

3) Answer: E

Short Explanation:

Bajaj Finserv Asset Management has introduced a new financial product named Finserv Savings+ for retail investors.
Investment Options: Savings+ allows investors to invest surplus cash from their savings accounts into:
Bajaj Finserv AMC Liquid Fund
Bajaj Finserv Overnight Fund
Bajaj Finserv Liquid Fund:
Type: Open-ended debt mutual fund.
Investment: Primarily in money market and debt securities with maturities of up to 91 days.

Detailed Explanation:

Bajaj Finserv Asset Management has introduced a new financial product named Finserv Savings+ for retail investors.
Investment Options: Savings+ allows investors to invest surplus cash from their savings accounts into:
Bajaj Finserv AMC Liquid Fund
Bajaj Finserv Overnight Fund
Bajaj Finserv Liquid Fund:
Type: Open-ended debt mutual fund.
Investment: Primarily in money market and debt securities with maturities of up to 91 days.
Suitability: For investors seeking regular short-term income.
Bajaj Finserv Overnight Fund:
Type: Open-ended debt scheme.
Investment: In overnight securities with low interest rate and credit risk.
Suitability: For investors seeking regular short-term income in line with overnight call rates.

4) Answer: B

Short Explanation:

The Indian Council of Social Science Research (ICSSR) has called for study proposals to evaluate the socioeconomic impact of the central government’s Jal Jeevan Mission (JJM).

- Objective: Provide safe and adequate drinking water to all rural households through tap connections by 2024.
- Current Status: The mission is a significant part of the Indian government’s efforts to improve rural water supply infrastructure.

Detailed Explanation:

The Indian Council of Social Science Research (ICSSR) has called for study proposals to evaluate the socioeconomic impact of the central government’s Jal Jeevan Mission (JJM).
The research aims to assess how effectively JJM is achieving its goal of providing tap water to all rural households, analyze implementation challenges, and explore the role of community involvement in the scheme’s success.

UN Sustainable Development Goal:
- The research aligns with the United Nations’ SDG 6, which focuses on clean water and sanitation for all, a commitment adopted by India in 2015.
Jal Jeevan Mission:
- Objective: Provide safe and adequate drinking water to all rural households through tap connections by 2024.
- Current Status: The mission is a significant part of the Indian government’s efforts to improve rural water supply infrastructure.

5) Answer: C

Short Explanation:

India and South Korea are set to hold the 11th round of talks for reviewing and upgrading their Comprehensive Economic Partnership Agreement (CEPA) from July 17-19, 2024, in Seoul.
This round of negotiations will focus on enhancing bilateral economic cooperation and addressing trade imbalances.

Detailed Explanation:

India and South Korea are set to hold the 11th round of talks for reviewing and upgrading their Comprehensive Economic Partnership Agreement (CEPA) from July 17-19, 2024, in Seoul.
This round of negotiations will focus on enhancing bilateral economic cooperation and addressing trade imbalances.

Historical Context:
- Agreement Signed: 2009
- Effective Date: 2010
- Review Agreed: 2016

- South Korea: Phase out/reduce tariffs on 90% of Indian exports.
- India: Phase out/eliminate tariffs on 85% of Korean exports.
Trade Statistics:
- 2011: Total Merchandise Trade: $16.91 billion
- 2023-24: Total Merchandise Trade: $27.5 billion
- India’s Exports: $5-7 billion (2011-2023)
- India’s Imports: $12.4 billion (2011) to $21.1 billion (2023-24)

6) Answer: B

Short Explanation:

United Nations Educational, Scientific and Cultural Organization (UNESCO) Director-General Audrey Azoulay urged its 194 Member States to improve soil protection and rehabilitation as the organisation warns that by 2050, up to 90% of the planet’s soil could be degraded.
Current Status of Soil Degradation:According to UNESCO and the World Atlas of Desertification, 75% of soils are already degraded.
Future Projections:The trend indicates that soil degradation may escalate to affect 90% of the planet’s soil by 2050.

Detailed Explanation:

United Nations Educational, Scientific and Cultural Organization (UNESCO) Director-General Audrey Azoulay urged its 194 Member States to improve soil protection and rehabilitation as the organisation warns that by 2050, up to 90% of the planet’s soil could be degraded.
Current Status of Soil Degradation:According to UNESCO and the World Atlas of Desertification, 75% of soils are already degraded.
Future Projections:The trend indicates that soil degradation may escalate to affect 90% of the planet’s soil by 2050.
UNESCO’s Support Initiatives:UNESCO plans to establish a “world soil health index” in collaboration with international partners.
This index will standardize the assessment and comparison of soil quality across different regions and ecosystems.
Pilot Initiatives:Additionally, UNESCO will launch a pilot initiative focused on sustainable soil and landscape management.

7) Answer: C

Short Explanation:

Thazhakara has become the first grama panchayat in Alappuzha and one of the first in Kerala to update and publish a comprehensive People’s Biodiversity Register (PBR) with the involvement of local communities.
Kerala was the first state to publish the first volume of the PBR across all local bodies.
KSBB’s Goal: KSBB aims to update PBRs in 50% of local bodies in Kerala by the end of 2024.

Detailed Explanation:

Thazhakara has become the first grama panchayat in Alappuzha and one of the first in Kerala to update and publish a comprehensive People’s Biodiversity Register (PBR) with the involvement of local communities.
Thazhakara has submitted the 261-page PBR document to the Kerala State Biodiversity Board (KSBB).
Kerala was the first state to publish the first volume of the PBR across all local bodies.
Updating Process: Other grama panchayats like Maruthonkara and Kadalundi in Kozhikode and Sreenarayanapuram in Thrissur have also updated their PBRs and submitted them to KSBB.
Dynamic Document: PBRs are dynamic and require periodic updates on ecosystem details, species, landscapes, and traditional knowledge.
KSBB’s Goal: KSBB aims to update PBRs in 50% of local bodies in Kerala by the end of 2024.

8) Answer: B

Short Explanation:

K P Sharma Oli,72 was appointed Nepal’s Prime Minister for the 3rd time to lead the new coalition government that faces the daunting challenge of providing political stability in the country.
He succeeds Pushpa Kamal Dahal Prachanda, who lost a vote of confidence in the House of Representatives.
K P Sharma Oli previously served as Nepal’s Prime Minister from October 11, 2015, to August 3, 2016, and from February 5, 2018, to July 13, 2021.

Detailed Explanation:

K P Sharma Oli,72 was appointed Nepal’s Prime Minister for the 3rd time to lead the new coalition government that faces the daunting challenge of providing political stability in the country.
He succeeds Pushpa Kamal Dahal Prachanda, who lost a vote of confidence in the House of Representatives.
The new government formation follows Article 76 (2) of the Nepalese Constitution.
K P Sharma Oli previously served as Nepal’s Prime Minister from October 11, 2015, to August 3, 2016, and from February 5, 2018, to July 13, 2021.

9) Answer: C

Short Explanation:

Lithuanian President Gitanas Nausėda was sworn in for his second five-year term at a ceremonial event held at the Lithuanian Parliament, the Seimas.
As part of his second term agenda, President Nausėda proposed increasing Lithuania’s defense budget to 4% of GDP.

Detailed Explanation:

Lithuanian President Gitanas Nausėda was sworn in for his second five-year term at a ceremonial event held at the Lithuanian Parliament, the Seimas.
He took the presidential oath with his hand on the Constitution.
Nausėda, a 60-year-old economist, was re-elected in May, 2024.
He won against Šimonytė in the second round of presidential elections.
As part of his second term agenda, President Nausėda proposed increasing Lithuania’s defense budget to 4% of GDP.
This proposed increase aims to fund initiatives such as long-range air defense, a missile shield for the Baltic Sea coast, and border fortifications.

10) Answer: C

Short Explanation:

Sumer Juneja, Managing Partner and Head of EMEA & India Investing at SoftBank Vision Fund, is set to join the board of Oravel Stays Limited (OYO’s parent firm) as a non-executive director.

Detailed Explanation:

Sumer Juneja, Managing Partner and Head of EMEA & India Investing at SoftBank Vision Fund, is set to join the board of Oravel Stays Limited (OYO’s parent firm) as a non-executive director.
The appointment is subject to shareholders’ approval at an Extraordinary General Meeting (EGM).
Sumer will join Oravel Stays’ Board as a nominee director of Softbank.
This appointment follows the departure of Munish Varma, the previous SoftBank nominee, who stepped down in September 2021.

11) Answer: B

Short Explanation:

Prince Harry received the Pat Tillman Award for Service at the Excellence in Sports Performance Yearly Awards (ESPY) in Los Angeles.

Founding: Prince Harry founded the Invictus Games in 2014.

Detailed Explanation:

Prince Harry received the Pat Tillman Award for Service at the Excellence in Sports Performance Yearly Awards (ESPY) in Los Angeles.

Backlash: Mary Tillman, mother of war martyr Pat Tillman, expressed her shock at Prince Harry being named for the award.
Prince Harry’s Response: Despite the backlash, Prince Harry thanked Pat Tillman’s widow, Marie, and acknowledged Mary Tillman’s efforts to preserve her son’s legacy.
Founding: Prince Harry founded the Invictus Games in 2014.

12) Answer: A

Short Explanation:

National Aeronautics and Space Administration’s (NASA’s) ambitious Crew Health and Performance Exploration Analog (CHAPEA) mission concluded its first year-long Mars simulation, with four crew members emerging from their 1,700-square-foot 3D-printed habitat at Johnson Space Center in Houston.
Size and Construction: The crew lived in a 1,700-square-foot 3D-printed habitat called “Mars Dune Alpha.“

Detailed Explanation:

National Aeronautics and Space Administration’s (NASA’s) ambitious Crew Health and Performance Exploration Analog (CHAPEA) mission concluded its first year-long Mars simulation, with four crew members emerging from their 1,700-square-foot 3D-printed habitat at Johnson Space Center in Houston.
Size and Construction: The crew lived in a 1,700-square-foot 3D-printed habitat called “Mars Dune Alpha.“
Crew Members:
Kelly Haston: Team leader and research scientist.
Anca Selariu: US Navy microbiologist.
Ross Brockwell: Structural engineer.
Nathan Jones: Emergency medicine physician.
Future Missions : Two more CHAPEA missions are scheduled for 2025 and 2026.
NASA aims to send astronauts to Mars by the 2030s.

13) Answer: A

Short Explanation:

Sheraz K. Sunderji, a renowned horse trainer, passed away at the age of 64.
Sunderji began his remarkable horse training career in 1985.
Notable for his success in the Pune Derby, securing victories with Desert Warrior (1989), Desert Carnival (1995), Ocean And Beyond (2010), and Trouvaille (2019).

Detailed Explanation:

Sheraz K. Sunderji, a renowned horse trainer, passed away at the age of 64.
Sunderji began his remarkable horse training career in 1985.
Over nearly four decades, he saddled more than 1000 winners.
One of his most cherished dreams was to win the prestigious Indian Derby, a goal which he achieved in 2018 with his ward Rochester.
Notable for his success in the Pune Derby, securing victories with Desert Warrior (1989), Desert Carnival (1995), Ocean And Beyond (2010), and Trouvaille (2019).

14) Answer: C

Short Explanation:

Spain triumphed over England 2-1 in the Euro 2024 final, marking their re-emergence as a dominant force in international football.
Substitute Mikel Oyarzabal scored the decisive goal in the 86th minute.
Historical Achievement: Spain becomes the first country to win the men’s European Championships four times (1964, 2008, 2012, 2024).

Shared Award: Six players shared the Golden Boot award, each scoring three goals.

Detailed Explanation:

Spain triumphed over England 2-1 in the Euro 2024 final, marking their re-emergence as a dominant force in international football.
Substitute Mikel Oyarzabal scored the decisive goal in the 86th minute.
Historical Achievement: Spain becomes the first country to win the men’s European Championships four times (1964, 2008, 2012, 2024).

Shared Award: Six players shared the Golden Boot award, each scoring three goals:
- Harry Kane (England)
- Dani Olmo (Spain)
- Georges Mikautadze (Georgia)
- Cody Gakpo (Netherlands)
- Ivan Schranz (Slovakia)
- Jamal Musiala (Germany)
New Rule: Unlike previous tournaments where assists served as the tiebreaker, this year’s Golden Boot was decided solely on goals scored.

15) Answer: C

Short Explanation:

Argentina secured their 16th Copa America title by defeating Colombia 1-0 in a dramatic extra-time win.
Lautaro Martinez scored the decisive goal in the 112th minute.

Historic Achievement: Argentina surpassed Uruguay, which previously shared the record with 15 Copa America titles.

Detailed Explanation:

Argentina secured their 16th Copa America title by defeating Colombia 1-0 in a dramatic extra-time win.
Lautaro Martinez scored the decisive goal in the 112th minute.

Back-to-Back Success: This victory follows Argentina’s triumphs at the 2022 World Cup and the 2021 Copa America.
Lionel Messi’s Sendoff: The win provides a fitting farewell for Lionel Messi, an eight-time Ballon d’Or winner, likely marking his last international tournament.
Historic Achievement: Argentina surpassed Uruguay, which previously shared the record with 15 Copa America titles.

Angel di Maria: This match was Angel di Maria’s final appearance in international football.
Nicolas Otamendi: Defender Nicolas Otamendi, 36, is also set to retire from international play.

16) Answer: B

Short Explanation:

Saudi Arabia will host the first-ever Olympic Esports Games in 2025, marking a significant milestone in integrating esports with traditional Olympic sports.
The International Olympic Committee (IOC) and the National Olympic Committee (NOC) of Saudi Arabia have entered into a 12-year partnership to host the Olympic Esports Games regularly.

Detailed Explanation:

Saudi Arabia will host the first-ever Olympic Esports Games in 2025, marking a significant milestone in integrating esports with traditional Olympic sports.
The International Olympic Committee (IOC) and the National Olympic Committee (NOC) of Saudi Arabia have entered into a 12-year partnership to host the Olympic Esports Games regularly.

IOC Announcement: The IOC announced the partnership with Saudi Arabia’s NOC, outlining plans to host the inaugural event in the Kingdom.
IOC Session: The proposal will be presented at the IOC Session scheduled on the eve of the Olympic Games Paris 2024.

Esports World Cup: Riyadh is already hosting the Esports World Cup in July and August 2024, featuring 2,500 gamers competing for $60 million in prize money.

17) Answer: B

Short Explanation:

Vasanti Shinde and Leonie Kung clinched the doubles title at the $75,000 ITF Women’s Tennis Tournament in Rome.
The duo defeated Matilde Paoletti and Beatrice Ricci with a scoreline of 4-6, 6-4, [10-6] in the final.

Detailed Explanation:

Vasanti Shinde and Leonie Kung clinched the doubles title at the $75,000 ITF Women’s Tennis Tournament in Rome.
The duo defeated Matilde Paoletti and Beatrice Ricci with a scoreline of 4-6, 6-4, [10-6] in the final.

Tournament Details

Event: $75,000 ITF Women’s Tennis Tournament
Location: Rome, Italy
Final Date: Recent date of the tournament final.

18) Answer: C

Short Explanation:

Carlos Alcaraz of Spain secured his fourth Grand Slam title by defeating Novak Djokovic 6-2, 6-2, 7-6 (4) in the Wimbledon men’s final.
At just 21 years old, Alcaraz showcased his dominance on the grass of the All England Club, repeating his victory over Djokovic from last year’s championship match.

Historical Achievement: Alcaraz becomes the youngest player to win four Grand Slam titles, having clinched his first at the 2022 US Open as a teenager.

Detailed Explanation:

Carlos Alcaraz of Spain secured his fourth Grand Slam title by defeating Novak Djokovic 6-2, 6-2, 7-6 (4) in the Wimbledon men’s final.
At just 21 years old, Alcaraz showcased his dominance on the grass of the All England Club, repeating his victory over Djokovic from last year’s championship match.

Consistent Success: This win follows Alcaraz’s recent triumph at the French Open, marking his second consecutive major title.
Historical Achievement: Alcaraz becomes the youngest player to win four Grand Slam titles, having clinched his first at the 2022 US Open as a teenager.

Djokovic, aged 37, faced challenges with a surgically repaired right knee, affecting his performance in the final.

19) Answer: B

About Lithuania :

Prime Minister : Ingrida Šimonytė
Capital : Vilnius
Currency : Euro

20) Answer: C

About People’s Biodiversity Register (PBR) :

PBR serves as a comprehensive record of biodiversity, including habitat conservation, preservation of land races, domesticated stocks, breeds of animals, micro-organisms, and associated traditional knowledge.
Legal Framework: The Biological Diversity Act (2002) mandates the development of PBRs at the local level to document and safeguard bioresources and traditional knowledge.
Biodiversity Management Committees (BMCs): Established by local bodies under the Biological Diversity Act, BMCs are responsible for preparing PBRs in consultation with local communities.

This post was last modified on July 17, 2024 6:05 pm

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Daily Current Affairs Quiz – 16th July 2024

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