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The government has set a target of reducing import dependence on palm oil by 25 to 30% through the production of _____________ (MT) of oil by 2030 under the National Edible Oil Mission.
  • a)
    1.4 million tonne
  • b)
    2.8 million tonne
  • c)
    3.6 million tonne
  • d)
    4.2 million tonne
  • e)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
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The government has set a target of reducing import dependence on palm...
The government is aiming at reducing import dependence on palm oil by 25 to 30% through the production of 2.8 million tonnes (MT) of oil by 2030 under the National Edible Oil Mission.
Currently, around 0.35 million hectares (MH) are under palm plantation. Under the mission launched last year, an additional area of 0.65 MH will be brought into palm plantations by 2025-26.
India imports 56% of its edible oil requirement annually. The country imports around 8 MT of palm oil while the domestic production is around 0.5 MT.
In August 2021, the national oil palm mission was launched with an investment of Rs 11,040 crore. Out of which the Centre’s share is Rs 8,844 crore, while the rest is contributed by the state government for providing viability gap funding and financial assistance for planting material.
Under the palm oil mission, the Tripura government signed an agreement with Patanjali Foods Limited for palm oil plantations. Hyderabad-based 3F oil palm has planned to expand its palm plantation in Assam and Arunachal Pradesh.
Andhra Pradesh, Telangana, and Kerala are the major oil palm growing states, which account for 98% of the total production.
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Read the given passage carefully and answer the questions that follow.Water is a precious and finite resource and population is on the increase. Rain-fed and irrigated agriculture play a key role in ensuring food security for everybody and it will be an enormous challenge to provide enough water for global food production, especially in those regions and countries where water is already scarce.Water touches all aspects of people’s lives and plays a central role in every country’s development. Its availability impacts food production and nutrition, city development and growth, income generation and livelihood, and human health and hygiene. Its management reflects the strengths and weaknesses of local, national and international governance systems and the relationships between countries that share water resources.It is also an important mean for those people who earn their livelihood through small water bodies like small farmers and fisherman. To ensure the safe and protected livelihood of all the people dependent on water bodies, we need a revolution in this direction and there has been one which we called the ‘Blue Revolution’.Blue Revolution is the water equivalent of the green revolution and primarily refers to the management of water resources that can steer humanity to achieve drinking water and crop irrigation security. The aim of the ongoing Blue Revolution is to rapidly increase fish production in small ponds and water bodies, a boon to small farmers, the nation's nutrition and its gross domestic product.The Indian fisheries sector, which 50 years ago produced only 60,0000 tonnes of fish, today produces 5 million tonnes, including 1.6 million tonnes from freshwater aquaculture. Although the yield from marine fisheries has stagnated, freshwater aquaculture is growing at a healthy 6 percent a year.The Central Institute of Freshwater Aquaculture (CIF

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There has been discernible shift towards supply of know-how through foreign direct investment and licences in both low and medium R&D intensive areas.Enquiries from recipient firms in India have revealed that foreign firms are amenable to supplying know-how in manufacturing and capital goods industry. In fact, many engineering units have obtained the best possible technology in their area of operation. Similarly, a number of automobiles and chemicals units are reported to have obtained the latest technology, which has enabled them to become market leaders in their fields.Assimilation of technology, supplied by foreign companies to Indian firms, has brought discernible improvements in product quality, besides leading to energy conservation, capacity increase and pollution control. 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Read the given passage carefully and answer the questions that follow.Water is a precious and finite resource and population is on the increase. Rain-fed and irrigated agriculture play a key role in ensuring food security for everybody and it will be an enormous challenge to provide enough water for global food production, especially in those regions and countries where water is already scarce.Water touches all aspects of people’s lives and plays a central role in every country’s development. Its availability impacts food production and nutrition, city development and growth, income generation and livelihood, and human health and hygiene. Its management reflects the strengths and weaknesses of local, national and international governance systems and the relationships between countries that share water resources.It is also an important mean for those people who earn their livelihood through small water bodies like small farmers and fisherman. To ensure the safe and protected livelihood of all the people dependent on water bodies, we need a revolution in this direction and there has been one which we called the ‘Blue Revolution’.Blue Revolution is the water equivalent of the green revolution and primarily refers to the management of water resources that can steer humanity to achieve drinking water and crop irrigation security. The aim of the ongoing Blue Revolution is to rapidly increase fish production in small ponds and water bodies, a boon to small farmers, the nation's nutrition and its gross domestic product.The Indian fisheries sector, which 50 years ago produced only 60,0000 tonnes of fish, today produces 5 million tonnes, including 1.6 million tonnes from freshwater aquaculture. Although the yield from marine fisheries has stagnated, freshwater aquaculture is growing at a healthy 6 percent a year.The Central Institute of Freshwater Aquaculture (CIF

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The government has set a target of reducing import dependence on palm oil by 25 to 30% through the production of _____________ (MT) of oil by 2030 under the National Edible Oil Mission.a)1.4 million tonneb)2.8 million tonnec)3.6 million tonned)4.2 million tonnee)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
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The government has set a target of reducing import dependence on palm oil by 25 to 30% through the production of _____________ (MT) of oil by 2030 under the National Edible Oil Mission.a)1.4 million tonneb)2.8 million tonnec)3.6 million tonned)4.2 million tonnee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The government has set a target of reducing import dependence on palm oil by 25 to 30% through the production of _____________ (MT) of oil by 2030 under the National Edible Oil Mission.a)1.4 million tonneb)2.8 million tonnec)3.6 million tonned)4.2 million tonnee)None of the aboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The government has set a target of reducing import dependence on palm oil by 25 to 30% through the production of _____________ (MT) of oil by 2030 under the National Edible Oil Mission.a)1.4 million tonneb)2.8 million tonnec)3.6 million tonned)4.2 million tonnee)None of the aboveCorrect answer is option 'B'. Can you explain this answer?.
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