Question
With reference to IFFCO’s nano-fertiliser initiatives,
consider the following statements: 1. IFFCO is setting up its first overseas nano-fertiliser plant in Brazil in collaboration with NANOFERT, with a production capacity of 4.5 million litres annually. 2. Field trials have shown nano fertilisers to increase corn and soybean yields by 20% and sugarcane yields by 10%. 3. In FY25, IFFCO reported a decline in sales of nano urea and nano-DAP compared to FY24. 4. The Government of India promotes nano fertilisers to reduce fertiliser subsidy burden and import dependency. Which of the above statements is/are NOT correct?Solution
• Statement 1 is correct – IFFCO is indeed setting up its first overseas nano-fertiliser plant in Curitiba, Brazil, in a 7:3 joint venture with NANOFERT, with a capacity of 4.5 million litres annually. • Statement 2 is NOT correct – Field trials showed 10% higher yield in corn and soybean and 7% in sugarcane, not the other way around. • Statement 3 is NOT correct – Sales actually increased significantly in FY25: o Nano urea: 26.5 million bottles (↑31% from FY24), o Nano-DAP: 9.7 million bottles (↑118% from FY24). • Statement 4 is correct – The government promotes nano fertilisers to reduce subsidy burden (₹1.67 trillion projected for 2025–26) and cut import dependency on nutrients. Additional Context: • Nano fertilisers are cost-effective, eco-friendly alternatives to conventional urea and DAP. o Prices: ₹240 (nano urea, 500 ml); ₹600 (nano-DAP, 500 ml). • IFFCO has invested ₹4,200 crore in nano R&D and infrastructure since 2017. • Future plans: launch nano zinc and copper. • The Brazil project strengthens IFFCO’s global presence and reduces export-related costs.
The Banking Ombudsman Scheme is introduced under which of the following sections in Banking Regulation Act, 1949?
Which of the following statements is not true regarding CIBIL?
What is the dual problem for given linear programming problem?
Z = Max (4x1 + 5x2 + 7x3)
s.t. 3x1 + x2 + 6x3Â <= 3
x1 + 2x2 + x...
The correlation coefficient is the________________of two regression coefficients:
...As per the Economic survey 2023-24, what has been identified as a major challenge for India's business services sector in the future?
Which of the following statement is correct?
1. If autoregressive parameter (p) in an ARIMA model is 1, it means that there ...
Suppose there is a pond with fishes and “n” number of fishermen living around it. Let a i is time spent fishing per day by player i. Thus to...
Since the 1980s, Wal-Mart stores have appeared in almost every community in America. Wal-Mart buys its goods in large quantities and, therefore, at chea...
Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater
the_____
Calculate Disposable income:
Consumption (C) = 300
Investment (I) = 50
Government purchases (G) = 70
Government transfer pay...