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Consider the following statements regarding ‘National Mission on Edible Oils – Oil Palm (NMEO-OP)’
  1. The scheme has a special focus on regions surrounding tropical evergreen forests
  2. A Viability Price(VP) on the lines of Minimum Support Price is a feature of this scheme
  3. It comes under the Ministry of Food Processing Industries
Select the correct statements
  • a)
    1 and 2 only 
  • b)
    2 only 
  • c)
    2 and 3 only 
  • d)
    1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding ‘National Mission on...
Statement Analysis:
Statement 1
Incorrect

The scheme will have a special focus on Northeast region and the Andaman and Nicobar Islands. But, there’s no focus on region surrounding tropical evergreen forests per se.
Statement 2
Correct

The Government of India will give a price assurance to the oil palm farmers for the FFBs. This will be known as the Viability Price (VP). This VP shall be the annual average CPO price of the last 5 years adjusted with the wholesale price index to be multiplied by 14.3 %.  This will be fixed yearly for the oil palm year from 1st November to 31st October
Statement 3
Incorrect

The scheme comes under the Ministry of Agriculture and Family Welfare
Context- NMEO – OP was launched recently
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Consider the following statements regarding ‘National Mission on Edible Oils – Oil Palm (NMEO-OP)’ The scheme has a special focus on regions surrounding tropical evergreen forests A Viability Price(VP) on the lines of Minimum Support Price is a feature of this scheme It comes under the Ministry of Food Processing IndustriesSelect the correct statementsa)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
Question Description
Consider the following statements regarding ‘National Mission on Edible Oils – Oil Palm (NMEO-OP)’ The scheme has a special focus on regions surrounding tropical evergreen forests A Viability Price(VP) on the lines of Minimum Support Price is a feature of this scheme It comes under the Ministry of Food Processing IndustriesSelect the correct statementsa)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding ‘National Mission on Edible Oils – Oil Palm (NMEO-OP)’ The scheme has a special focus on regions surrounding tropical evergreen forests A Viability Price(VP) on the lines of Minimum Support Price is a feature of this scheme It comes under the Ministry of Food Processing IndustriesSelect the correct statementsa)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding ‘National Mission on Edible Oils – Oil Palm (NMEO-OP)’ The scheme has a special focus on regions surrounding tropical evergreen forests A Viability Price(VP) on the lines of Minimum Support Price is a feature of this scheme It comes under the Ministry of Food Processing IndustriesSelect the correct statementsa)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
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