New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Recently launched Global Biofuels Alliance (GBA) will

    help to accelerate India's existing biofuels programs such as  I. GOBARdhan Scheme II. PM-JIVAN Yojana III. SATAT Yojana IV. KUSUM
    A I and II only Correct Answer Incorrect Answer
    B II and III only Correct Answer Incorrect Answer
    C I, II and III only Correct Answer Incorrect Answer
    D I only Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    It will help accelerate India’s existing biofuels programs such as PM-JIVANYojna, SATAT, and GOBARdhan scheme, thereby contributing to increased farmers’ income, creating jobs and overall development of the Indian ecosystem. The global ethanol market was valued at USD 99.06 billion in 2022 and is predicted to grow at a CAGR of 5.1% by 2032 and surpass USD 162.12 billion by 2032.

    Practice Next

    Relevant for Exams: