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Questions and Answers
What is the projected increase in edible oil production in 9 states?
How much additional oil production can be achieved by retaining and diversifying oilseed crops?
What percentage of rice fallow area should be utilized for oilseed cultivation to increase production?
What is the expected reduction in import dependence from utilizing rice fallow for oilseed production?
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How many states are focused on for increasing edible oil production through these strategies?
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What is the total estimated increase in oilseed production by utilizing rice fallow area?
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Which of these organizations reported on food security and nutrition in the world?
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What does the OECD report detail regarding climate finance?
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When was the Ramon Magsaysay Award established?
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What is often considered the equivalent of the Ramon Magsaysay Award in the West?
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Which country is Miyazaki from?
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What does each recipient of the Ramon Magsaysay Award receive?
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What was Farwiza Farhan recognized for?
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What did Karma Phuntsho contribute towards?
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What is the cash prize amount associated with the Ramon Magsaysay Award?
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Who was recognized for their spirit of public service?
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What is the minimum Average Daily Delivery Value (ADDV) of stocks in the cash market as per SEBI's revised guidelines?
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Which organization is responsible for implementing the e-KYC Setu system?
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Which credit card became the first co-branded credit card in India to onboard over 5 million customers?
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What is the increased Market Wide Position Limit (MWPL) for stocks, as introduced by SEBI's guidelines?
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What is the new Median Quarter Sigma Order Size (MQSOS) set by SEBI?
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What was the average market turnover increase mentioned in SEBI's revised guidelines?
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When was the circular for SEBI's new guidelines issued?
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What type of company is HDB Financial Services (HDBFS)?
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What was the total approval amount granted by the Defence Acquisition Council for capital acquisition proposals?
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Which organization designed and developed the Forward Repair Team (Tracked) vehicles?
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How much funding was allocated to the Agri Fund for Start-ups and Rural Enterprises (AgriSURE)?
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Which entity approved the procurement of Dornier-228 aircraft for enhanced maritime surveillance?
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What is the name of the Agri investment portal launched along with the Agri Fund?
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What fraction of the Agri Fund was to be raised from other institutions and private investors?
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Who chaired the meeting that approved the Acceptance of Necessity for the capital acquisition proposals?
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Which organization is responsible for financing the Agri Fund along with the Government of India?
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What is the name of the Blockchain Technology Stack launched by MeitY in September 2024?
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Which of the following applications is NOT associated with the Vishvasya BaaS?
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What is the main purpose of the Vishvasya framework launched by MeitY?
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Which country recently signed an Implementing Agreement with the Indian Navy for submarine rescue support?
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What is the function of the National Blockchain Portal launched alongside Vishvasya?
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Which of the following is a lightweight blockchain platform developed for startups and academia?
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What is the primary benefit of the submarine rescue support cooperation between the Indian Navy and South Africa?
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Which of the following is an innovative solution for verifying the origin of mobile applications?
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Study Notes
India's Edible Oil Production
- Increasing edible oil production by 20% in 9 states through strategic retention and diversification of oilseed crops and focusing on areas potentially lost to cereal cultivation.
- 7.36 MT of additional oil production and 2.1MT reduction in import dependence.
- 33% of rice fallow area in 10 states used for oilseed cultivation will increase oilseed production by 3.12 MT and reduce import by 1.03 MT.
SEBI Revised Guidelines
- Average Daily Delivery Value (ADDV) of stocks in the cash market in the previous 6 months must be a minimum of Rs 35 crore to participate in the Futures and Options (F&O) or derivatives segment.
- The new guidelines are effective immediately with a 6-month gestation period for existing stocks to meet the requirements.
- Market Wide Position Limit (MWPL) increased from Rs 500 crore to Rs 1500 crore per stock.
- Median Quarter Sigma Order Size (MQSOS) increased from Rs 25 lakhs to Rs 75 lakhs.
Ramon Magsaysay Award
- Asia's highest honor, considered the "Nobel Prize of Asia."
- Awarded annually to individuals or organizations with outstanding contributions to society.
- 2024 Recipients:
- Hayao Miyazaki (Japan) - for his use of animation to illuminate the human condition.
- Farwiza Farhan (Indonesia) - for her commitment to social justice and responsible citizenship through work with forest communities.
- Karma Phuntsho (Bhutan) - for harmonizing Bhutan's history with its present and inspiring young Bhutanese to be proud of their heritage.
- Dr. Nguyen Thi Ngoc Phuong (Vietnam) - for her work in advocating for peace and avoiding war.
- Rural Doctors Movement (Thailand) - for advocating for healthcare in rural areas.
Defence Acquisition Council (DAC)
- Approved 10 capital acquisition proposals worth Rs 1,44,716 crore to enhance India's defence preparedness.
- 99% of the cost from indigenous sources under Buy (Indian) and Buy (Indian-Indigenously Designed Developed and Manufactured) categories.
- Acquisition of Air Defence Fire Control Radars to detect and track aerial targets.
- Procurement of Forward Repair Team (Tracked) vehicles for in-situ repairs.
- Procurement of Dornier-228 aircraft for maritime surveillance.
Agri Fund for Start-Ups and Rural Enterprises (AgriSURE)
- Launched by Ministry of Agriculture and Farmers Welfare (MoA&FW) with an outlay of Rs. 750 crore.
- Funded by Government of India, National Bank for Agriculture and Rural Development (NABARD), and private investors.
- Focuses on promoting start-ups and rural enterprises in the agricultural sector.
Vishvasya Blockchain Technology Stack
- Launched by Ministry of Electronics and Information Technology (MeitY).
- Provides Blockchain-as-a-Service (BaaS) with geographically distributed infrastructure.
- Aims to promote research and development of blockchain applications.
- Supports applications like e-stamps, judiciary, consent management, domicile certificates, and agricultural produce tracking.
South African Navy Submarine Rescue Cooperation
- The Indian Navy (IN) and the South African (SA) Navy signed an Implementing Agreement (IA) to enhance submarine rescue support.
- The agreement ensures the safety of the South African Navy's submarine crew in case of distress or accidents.
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Description
This quiz covers key topics about India's edible oil production strategies and the revised guidelines set by SEBI for trading in the stock market. Discover how the agricultural policy aims to boost oilseed production and understand the changes in market participation requirements. Test your knowledge on these significant economic developments.
