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EconomyMedium

Through which Indian port did the makhana consignment to Greece sail?

  1. A.Kandla Port
  2. B.Mundra Port
  3. C.Nhava Sheva Port
  4. D.Kolkata Port

Correct answer

B. Mundra Port

Explanation

The correct answer is Mundra Port, from which the shipment moves to the Piraeus Port in Greece. Option A, Kandla, lies on the same Gujarat coast and is the strongest distractor for that reason. Option C names the large container port near Mumbai and option D the eastern river port, either of which could in principle handle such cargo but neither of which carried this consignment. The port pair is the kind of detail examiners like because it tests whether a candidate read past the headline: Mundra at the Indian end and Piraeus at the Greek end. Remember alongside it that the lot was sourced by Indo Global Export of Belouri in Purnea and exported through S. S Foods Exports Private Limited of New Delhi, and that the flag-off was chaired by the Bihar Agriculture Minister in the presence of the APEDA Chairman.

Read the full article: APEDA Sends Bihar Makhana From Purnea to Greece

Q1.EconomyEasy

APEDA facilitated the export of popped makhana from Purnea in Bihar to which country?

  1. A.Greece
  2. B.Spain
  3. C.Canada
  4. D.Italy
Show answer

Correct answer: A. Greece

Explanation

The correct answer is Greece. The consignment of popped phool makhana left Purnea in Bihar for Greece, sailing from Mundra Port in India to the Piraeus Port at the Greek end. Options B and D name other Mediterranean countries of Europe and option C a North American destination, all plausible markets for Indian processed food but none of them the buyer in this shipment. Candidates should note why the item is newsworthy beyond the destination: the price realised on the export was higher than the rate the same material was fetching in the domestic market, which is the basic case for linking a traditional crop to overseas buyers. Note also that makhana exports are now widening into European markets, so the arrival of a European destination is itself part of the story and a likely hook for a question.

Q2.EconomyEasy

Which Indian state accounts for roughly 80 to 85 per cent of the country makhana production?

  1. A.West Bengal
  2. B.Assam
  3. C.Bihar
  4. D.Odisha
Show answer

Correct answer: C. Bihar

Explanation

The correct answer is Bihar, which contributes about eighty to eighty-five per cent of the national output, with India itself the global leader in makhana production. Cultivation in the state is spread across more than thirty-five thousand hectares in ten districts. Options A, B and D name states with wetlands and pond-based farming where the crop is also grown or could be grown, which makes them reasonable distractors, but none carries anything near the Bihar share. Two institutions give the crop its scientific backing and are worth remembering with the state: Bihar Agricultural University at Sabour, and the National Research Centre for Makhana run by the Indian Council of Agricultural Research at Darbhanga. A question may ask for either the share, the area, the district count, or the research centre, so all four should be learnt as one cluster.

Q3.EconomyMedium

How much makhana and value-added makhana product did India export during FY 2025-26, according to the Bihar Agriculture Minister?

  1. A.More than 4000 MT worth about USD 12 million
  2. B.More than 7000 MT worth about USD 22 million
  3. C.More than 9000 MT worth about USD 30 million
  4. D.More than 12000 MT worth about USD 45 million
Show answer

Correct answer: B. More than 7000 MT worth about USD 22 million

Explanation

The correct answer is more than 7000 MT worth about USD 22 million, shipped to more than twenty international destinations during that financial year. The other three options carry invented tonnages and values of the kind an examiner inserts to see whether a candidate has learnt the pair of figures together rather than one of them alone. The minister placed these numbers in a wider setting: the state government is preparing an Agri Export Policy meant to lift farmer incomes through export promotion, and packhouses have already been developed to serve the makhana export value chain. He described the shipment to Greece as a milestone for the state makhana sector. For revision, link the quantity, the value and the number of destinations as one line, and attach to it the single tonne of popped phool makhana that made up this particular consignment.

Q4.EconomyHard

Which of the following is NOT covered by the benefit under Component II of RELIEF?

  1. A.Full Container Load cargo
  2. B.Less than Container Load cargo
  3. C.Reefer containers
  4. D.Energy shipments
Show answer

Correct answer: D. Energy shipments

Explanation

The correct answer is energy shipments, which are expressly left out. The cargo that does attract the benefit is of three kinds: a Full Container Load, where one consignor fills a whole container, a Less than Container Load, where a shipment shares container space with others, and a Reefer container, the refrigerated box in which perishables such as fruit, fish and dairy travel. So options A, B and C are all inside the scheme and cannot be the answer. The exclusion of energy cargo is a deliberate design choice, because the measure is aimed at merchandise exporters whose freight and insurance costs jumped because of the West Asian disruption, not at the energy trade. An exam may also ask the date from which a policy must have been taken for the component to apply, and that date is 16 March 2026, a few days before RELIEF itself was launched on 19 March 2026.

Q5.EconomyMedium

Component II of RELIEF encourages exporters to obtain cover from which body, and at what level of risk coverage?

  1. A.EXIM Bank, with 80 per cent risk coverage
  2. B.ECGC, with 95 per cent risk coverage
  3. C.DGFT, with 90 per cent risk coverage
  4. D.SIDBI, with 75 per cent risk coverage
Show answer

Correct answer: B. ECGC, with 95 per cent risk coverage

Explanation

The correct answer is the ECGC, with 95 per cent risk coverage. Component II nudges an exporter into taking Export Credit Guarantee Corporation cover for upcoming shipments to the specified regions, and that cover carries ninety-five per cent risk coverage, available on a Stand Alone Policy or a Whole Turnover Policy obtained on or after 16 March 2026. Option A names the Export-Import Bank, which lends and guarantees for export finance but is not the credit insurer in this component. Option C names the Directorate General of Foreign Trade, which frames and notifies trade policy rather than selling insurance cover. Option D names the small industries lender, which has no role here. The second protection in Component II is equally examinable: the premium an exporter pays cannot be pushed above the level that held before the disruption, for the whole of the eligible period.