Q.: What is the name of the Indian government mission that aims to make India self-reliant in oilseed production over the next seven years?
(a) National Mission on Oilseeds and Pulses
(b) National Mission on Edible Oils and Oilseeds (NMEO-Oilseeds)
(c) National Agricultural Development Program
(d) Mission for Sustainable Agriculture
Answer
Answer: (b) National Mission on Edible Oils and Oilseeds (NMEO-Oilseeds)
On 3 October 2024, the Indian government approved the National Mission on Edible Oils and Oilseeds (NMEO-Oilseeds) for 2024-25 to 2030-31, with a budget of ₹10,103 crore. The mission aims to make India self-reliant in oilseed production over the next seven years.
Q.: As of September 27, 2024, what milestone did India’s foreign exchange reserves achieve for the first time?
(a) USD 600 billion
(b) USD 650 billion
(c) USD 700 billion
(d) USD 750 billion
Answer
Answer: (c) USD 700 billion
India’s foreign exchange reserves reached a record high, crossing the USD 700 billion mark for the first time. As of September 27, 2024, the reserves surged to USD 704.885 billion