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EconomyMedium

By which year has the Government of India resolved to make India the world's No. 1 producer of silk?

  1. A.2026-27
  2. B.2028-29
  3. C.2030-31
  4. D.2035-36

Correct answer

B. 2028-29

Explanation

The correct answer is 2028-29. Textiles Minister Giriraj Singh said a resolve has been made to take India to the No. 1 rank in global silk production by 2028-29. He said the effort rests on raising mulberry leaf yields and the number of cocoon-rearing cycles, with the aim of lifting farmers' annual incomes to ₹10 lakh to ₹12 lakh.

Option C, 2030-31, is the year attached to a different goal: producing 60,000 metric tonnes of silk. Options A and D, 2026-27 and 2035-36, are not mentioned in the release. The two targets are easy to mix up because they were announced together, so keep them apart: world No. 1 by 2028-29, and 60,000 metric tonnes by 2030-31. The minister added that demand for Indian silk is rising abroad as China's production declines.

Read the full article: India Aims to Be World's No. 1 Silk Producer by 2028-29

Q1.EconomyMedium

According to Union Textiles Minister Giriraj Singh, India's silk production, which stood at 26,000 metric tonnes in 2014, has now reached how much?

  1. A.32,000 metric tonnes
  2. B.38,000 metric tonnes
  3. C.42,000 metric tonnes
  4. D.60,000 metric tonnes
Show answer
Correct answer: C. 42,000 metric tonnes

Speaking at the Central Silk Board's 77th Foundation Day in Bengaluru on 20 September 2026, the minister said India's silk production had grown from 26,000 metric tonnes in 2014 to 42,000 metric tonnes today.

Q2.EconomyEasy

The 77th Foundation Day of which body was held in Bengaluru on 20 September 2026?

  1. A.Coir Board
  2. B.Central Silk Board
  3. C.Tea Board
  4. D.Khadi and Village Industries Commission
Show answer
Correct answer: B. Central Silk Board

Textiles Minister Giriraj Singh and Minister of State Shobha Karandlaje inaugurated the 77th Foundation Day programme of the Central Silk Board, together with an exhibition of silk products and technologies, at the UAS-GKVK auditorium in Bengaluru on 20 September 2026.

Q5.EconomyMedium

Why did the Union Government advance the November instalment of tax devolution?

  1. A.Because the Finance Commission's term was ending
  2. B.In view of the festive season and to help states accelerate capital spending
  3. C.To offset a shortfall in GST compensation
  4. D.Because states had failed to meet borrowing limits
Show answer
Correct answer: B. In view of the festive season and to help states accelerate capital spending

The Ministry of Finance said the early transfer would also let states finance expenditure related to development and welfare.