OTHERS (MISC)
Days & Themes
World Wildlife Day 2026 Celebrates Medicinal Plant Conservation
World Wildlife Day was observed globally on March 3, 2026, marking the anniversary of the 1973 signing of the CITES convention.
The 2026 theme is 'Medicinal and Aromatic Plants: Conserving Health, Heritage and Livelihoods'.
The day highlights the critical role of wild flora and fauna in providing ecological balance and social benefits.
Significance: The theme draws attention to the over-exploitation of wild plants used in traditional medicine, urging sustainable harvest practices.
The 2026 theme is 'Medicinal and Aromatic Plants: Conserving Health, Heritage and Livelihoods'.
The day highlights the critical role of wild flora and fauna in providing ecological balance and social benefits.
Significance: The theme draws attention to the over-exploitation of wild plants used in traditional medicine, urging sustainable harvest practices.
Key Facts / Static GK
CITES Full Form: Convention on International Trade in Endangered Species of Wild Fauna and Flora
UNGA declaration year for World Wildlife Day: 2013 (proposed by Thailand)
CITES Secretariat Location: Geneva, Switzerland
UNGA declaration year for World Wildlife Day: 2013 (proposed by Thailand)
CITES Secretariat Location: Geneva, Switzerland
Practice Quiz — 5 March 2026
Q1. Which of the following statements regarding the new Risk-Based Premium (RBP) framework is incorrect?
Answer: (C) The framework introduces a uniform risk-based incentive of 50% for all high-performing banks. — Statement C is incorrect because the maximum risk-based incentive is capped at 33.33%, not 50%. Additionally, a vintage incentive of up to 25% is provided for long-term distress-free contributions.
Q2. Under the new SEBI framework, what is the revised minimum equity allocation required for Dividend Yield and Value funds?
Answer: (D) 80% — SEBI has increased the minimum equity allocation for Dividend Yield Funds, Value Funds, and Contra Funds to 80%, compared to the earlier requirement of 65%.
Q3. What is the primary objective of the Bilateral Swap Arrangement (BSA) between India and Japan?
Answer: (B) To provide a financial safety net and enhance bilateral financial cooperation. — The BSA is a two-way currency swap framework designed to strengthen financial safety nets, promote regional/global stability, and enhance bilateral financial cooperation by allowing local currency exchange for US Dollars during liquidity stress.
Q4. The LKR 3 billion Blue Bond issued by DFCC Bank Plc will primarily fund which of the following activities?
Answer: (B) Sustainable fisheries and marine conservation projects. — Blue Bonds are specialized financial instruments designed to fund marine conservation, sustainable fisheries, ocean-based economic development, and clean water projects.
Q5. Regarding the Delhi Lakhpati Bitiya Yojana, which of the following eligibility criteria is mentioned?
Answer: (D) The benefit is limited to a maximum of two living girl children per family. — According to the scheme details, it is limited to two living girl children per family. Other criteria include an income limit of Rs 1.20 lakh, being born in Delhi, and a minimum of three years of residence in Delhi.
Keep Learning with PrepZen
Get daily current affairs, live mock tests, mistake bank, vocab builder & more — all free on your phone.