How much fresh Access and Benefit-Sharing money did the National Biodiversity Authority sanction to State boards and UT councils?
- A.₹8.23 crore
- B.₹82.3 crore
- C.₹200 crore
- D.₹23.8 crore
Correct answer
Explanation
The correct answer is ₹8.23 crore. The release records that the Authority sanctioned that amount in ABS proceeds to 27 State Biodiversity Boards and 5 Union Territory Biodiversity Councils, arising from access to biological resources of four vegetable crops. Option C is the classic trap in this item, because ₹200 crore is also in the release, but it is the cumulative figure: the Authority's total ABS disbursement since the framework began has now crossed ₹200 crore, and the ₹8.23 crore is only the latest instalment inside that total. Options B and D simply move the decimal point or reverse the digits, a favourite trick of paper setters with money figures. Keep the pair together while revising: ₹200 crore cumulative, ₹8.23 crore in this round. Remember also that the money came from three seed companies which had accessed bitter gourd, okra, chilli and onion resources for research and commercial use.
Read the full article: NBA Crosses ₹200 Crore in Access and Benefit-Sharing Payouts
Practice Questions
Which State is the largest cumulative recipient of the latest ABS proceeds across the four crops?
- A.Maharashtra
- B.Madhya Pradesh
- C.Andhra Pradesh
- D.Karnataka
Show answer
The table in the release ranks the recipients, and Madhya Pradesh stands at the top, ahead of Maharashtra, Andhra Pradesh, Karnataka and Gujarat.
Read the full explanation →Under which provision must the State Biodiversity Boards use the ABS funds they receive?
- A.Section 21 of the Environment Protection Act
- B.Section 32(2) of the Biological Diversity Act, 2002
- C.Section 6 of the Wildlife Protection Act
- D.Section 15 of the Forest Conservation Act
Show answer
The release states that the boards and councils are required to spend the funds on the activities listed in that provision, and it lists them: documentation and updating of People's Biodiversity Registers, conservation of biological resources both in their natural habitat and outside it, restoration of degraded ecosystems, strengthening of…
Read the full explanation →Since ethanol supply year 2014-15, how much foreign exchange has the ethanol blending programme saved?
- A.More than Rs 62,000 crore
- B.More than Rs 1.01 lakh crore
- C.More than Rs 1.66 lakh crore
- D.More than Rs 1.97 lakh crore
Show answer
The ministry listed four cumulative outcomes of the blending programme since ethanol supply year 2014-15: foreign exchange savings above that amount, substitution of about 316 lakh metric tonnes of crude oil, avoidance of about 952 lakh metric tonnes of carbon dioxide, and transfers of more than Rs 1.66 lakh crore…
Read the full explanation →What ethanol content was recorded on average in the samples tested in Karnataka?
- A.19.30 per cent
- B.21.50 per cent
- C.26 per cent
- D.31 per cent
Show answer
All 56 samples tested in Karnataka, taken from different locations and from all three oil marketing companies, conformed to the prescribed specification, with ethanol content ranging between 19 and 20 per cent and averaging that figure.
Read the full explanation →Which Bureau of Indian Standards specification applies to ethanol-blended motor gasoline?
- A.IS 1460
- B.IS 2796
- C.IS 17021
- D.IS 15607
Show answer
This is the Bureau of Indian Standards specification for ethanol-blended motor gasoline, and E20 petrol supplied by the three public sector oil marketing companies across the country is required to conform to it.
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