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    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.

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