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EconomyMedium

Which of these has been given a higher sugar stock holding limit than the rest of the country?

  1. A.Mumbai and the State of Gujarat
  2. B.Chennai and the State of Kerala
  3. C.Kolkata with its extended metropolitan areas and the State of Assam
  4. D.Delhi and the State of Punjab

Correct answer

C. Kolkata with its extended metropolitan areas and the State of Assam

Explanation

The correct answer is Kolkata with its extended metropolitan areas and the State of Assam. These were kept outside the general ceiling and given a limit twice as large, because Kolkata draws sugar from Uttar Pradesh, Maharashtra and Karnataka and forwards it to eastern India including the North-East, while the higher figure for Assam reflects the geography of the region, the logistics of moving goods and the interest of consumers there. Options A, B and D name other large cities and states that are important to trade, but none of them was given an exemption in this order. The point to carry away is that the exemption follows a supply route, not the size of a city: Kolkata acts as a gateway for the east, which is why the stricter national ceiling would have pinched supplies to the North-East.

Read the full article: Sugar Dealers Capped at 1,000 Quintals From 15 October 2026

Q1.EconomyMedium

What is the revised stock holding limit for a sugar dealer in most of the country?

  1. A.500 quintals
  2. B.1,000 quintals
  3. C.2,000 quintals
  4. D.5,000 quintals
Show answer

Correct answer: B. 1,000 quintals

Explanation

The correct answer is 1,000 quintals. Under the revised norms a dealer may not hold more than this quantity at any time or at any place in the country, and the rule runs from 15 October 2026 to 30 November 2026. Option C, 2,000 quintals, is the closest wrong choice and must be read with care, because that higher ceiling applies only to Kolkata along with its extended metropolitan areas and to the State of Assam, where geography, transport and the needs of consumers in the North-East were taken into account. Options A and D, 500 and 5,000 quintals, are figures of the right order but were not set by the order. Along with the quantity, remember the time limit: stock may not be kept for more than 15 days from the date it is received, so the order caps both how much and how long.

Q2.EconomyMedium

By how much have average retail sugar prices fallen from their August peak?

  1. A.5 per cent
  2. B.10 per cent
  3. C.15 per cent
  4. D.28 per cent
Show answer

Correct answer: C. 15 per cent

Explanation

The correct answer is 15 per cent. Average retail sugar prices have come down by this much from the peak they touched in August, and a further easing is expected as cheaper mill prices pass down the supply chain. Option D, 28 per cent, is the trap in this question, because that is the fall in ex-mill prices, which have also stayed steady over the last three weeks; retail and ex-mill are two different stages of the chain and the figures must not be swapped. Options A and B understate the decline and are wrong. The government has asked wholesalers and retailers to pass the fall in mill prices on to buyers without delay, and has described cane growers and consumers as the two pillars of the country’s sugar policy, one needing remunerative returns and the other protection from unreasonable price rises.

Q3.EconomyHard

Under which Act is the CAPEX survey of private corporate enterprises conducted?

  1. A.Companies Act
  2. B.Collection of Statistics Act
  3. C.Right to Information Act
  4. D.Industries Development and Regulation Act
Show answer

Correct answer: B. Collection of Statistics Act

Explanation

The correct answer is the Collection of Statistics Act, passed in two thousand eight, which gives the statistical system the authority to gather information from enterprises and also obliges it to protect what it gathers. That protection is why unit-level data from this survey are never released and why care is taken that published results cannot identify the firm that supplied a figure. Option A is wrong because the company law governs incorporation, accounts and governance; the ministry that administers it supplies the list of active companies from which the survey frame is drawn, but the survey itself does not run under it. Option C is wrong because the transparency law lets citizens seek information from public authorities and has nothing to do with collecting enterprise statistics. Option D is wrong because that older industrial licensing law regulates industrial undertakings rather than statistical collection.

Q4.EconomyMedium

In the CAPEX 2025 findings, which activity accounted for the largest share of provisional capital spending in 2025-26?

  1. A.Information and communication
  2. B.Transportation and storage
  3. C.Manufacturing
  4. D.Electricity, gas, steam and air conditioning supply
Show answer

Correct answer: C. Manufacturing

Explanation

The correct answer is manufacturing. In the second round of the survey it took slightly more than half of the provisional aggregate capital expenditure for that year, a share of 50.17 per cent, worth Rs 5,73,900 crore, which is far ahead of every other activity category. Option A is wrong because information and communication came second with 16.38 per cent, or Rs 1,87,395 crore. Option D is wrong because electricity, gas, steam and air conditioning supply stood third at 8.96 per cent, or Rs 1,02,448 crore. Option B is wrong because transportation and storage was fourth, at 5.55 per cent or Rs 63,517 crore. It is worth noting that in the first round, manufacturing also led, but with a smaller share of 43.80 per cent, so its lead has widened between the two rounds.

Q5.EconomyEasy

Which body is conducting the Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions?

  1. A.Reserve Bank of India
  2. B.National Statistics Office
  3. C.NITI Aayog
  4. D.Securities and Exchange Board of India
Show answer

Correct answer: B. National Statistics Office

Explanation

The correct answer is the National Statistics Office, which works under the Ministry of Statistics and Programme Implementation and is running this round as CAPEX 2026, its third such exercise, between October and December. Option A is wrong; the central bank does run its own enterprise and industry surveys, which makes it a tempting choice, but this particular survey of private capital spending intentions belongs to the statistics ministry. Option C is wrong because the policy think tank does not collect primary statistics of this kind, and the survey here is a statutory collection carried out under the Collection of Statistics Act of two thousand eight. Option D is wrong because the markets regulator oversees securities markets and listed company disclosure, not economy-wide statistical surveys. The frame of firms for the survey is built from active companies registered with the Ministry of Corporate Affairs.