Skip to content
GK24
EconomyMedium

How many grades of phosphatic and potassic fertilizers does the government make available at subsidised prices?

  1. A.18
  2. B.21
  3. C.28
  4. D.35

Correct answer

C. 28

Explanation

The correct answer is 28. The government supplies this many grades of phosphatic and potassic fertilizers, di-ammonium phosphate among them, to farmers at subsidised prices through fertilizer manufacturers and importers. Options A, B and D do not match the number stated in the decision, and 35 in particular overstates the count. Alongside the grade count, candidates should remember that the newly approved rates for the Rabi season of 2026-27 apply from 01.10.2026 to 31.03.2027, that the tentative requirement is about Rs 62,370.02 crore, and that the Nutrient Based Subsidy regime has governed this subsidy since 01.04.2010. The Ministry of Chemicals and Fertilizers runs the scheme, and the stated aim is to keep these fertilizers available to farmers at affordable and reasonable prices while the per-nutrient rates are rationalised in line with world prices.

Read the full article: Cabinet Approves NBS Rates for Rabi 2026-27 on P&K Fertilizers

Q2.EconomyHard

Since when has the subsidy on phosphatic and potassic fertilizers been governed by the Nutrient Based Subsidy scheme?

  1. A.01.04.2008
  2. B.01.04.2010
  3. C.01.04.2014
  4. D.01.04.2016
Show answer
Correct answer: B. 01.04.2010

From that date the subsidy on phosphatic and potassic fertilizers has been paid under the Nutrient Based Subsidy regime, in which the government fixes a per-kilogram subsidy on each nutrient rather than on each bag, and pays it to manufacturers and importers at notified rates.

Q3.EconomyMedium

The export prohibition on black mass complements an incentive scheme of what size under the National Critical Mineral Mission?

  1. A.Rs 500 crore
  2. B.Rs 1,000 crore
  3. C.Rs 1,500 crore
  4. D.Rs 2,500 crore
Show answer
Correct answer: C. Rs 1,500 crore

The Union Cabinet approved an incentive scheme of this size in September 2025 under the National Critical Mineral Mission, to build capacity for separating and producing critical minerals from secondary sources such as battery waste and electronic waste.

Q5.EconomyHard

Under which ITC(HS) code has the export of Lithium-Ion Battery Black Mass been prohibited?

  1. A.85069000
  2. B.85491400
  3. C.81069200
  4. D.28459000
Show answer
Correct answer: B. 85491400

The notification issued by the Directorate General of Foreign Trade names the item as Lithium-Ion Battery Black Mass falling under this code, which covers waste and scrap of primary cells, primary batteries and electric accumulators, along with spent cells and accumulators that are unsorted and carry no lead, cadmium or…