additional topics Flashcards
What position does India hold in terms of crude oil consumption globally?
The IEA released the “Indian Oil Market Outlook to 2030” report.
What is projected about India’s role in global oil demand by 2030?
India is projected to become the largest source of global oil demand growth, surpassing China by 2027.
By how much is India’s oil demand expected to rise by 2023?
India’s oil demand is set to rise by about 1.2 million barrels per day (bpd) by 2023.
What are the Strategic Petroleum Reserve (SPR) stocks equivalent to in terms of days?
The Strategic Petroleum Reserve (SPR) stocks are equivalent to seven days.
What portion of the expected global oil demand growth will India’s increase represent by 2030?
India’s increase will constitute over a third of the expected global demand growth of 3.2 million bpd by 2030.
What are the total oil demand projections for India in 2030?
India’s total oil demand projections will stand at 6.64 million bpd in 2030, up from 5.48 million bpd in 2023.
What position does India hold in terms of crude oil consumption globally?
India is currently the third largest consumer of crude oil, behind the US and China.
What is India’s domestic consumption of crude oil as per the oil ministry data?
India’s domestic consumption is around 5 million barrels per day (mb/d).
What were India’s ranks in terms of global exports in 2023?
In 2023, India was the fourth-largest exporter of middle distillates globally and the sixth-largest refinery product exporter at 1.2 mb/d.
When was the International Energy Agency (IEA) established?
The International Energy Agency (IEA) was established in 1974.
What is the new deadline for doubling the nationwide ethanol blending in gasoline to 20%?
India has advanced its deadline for doubling nationwide ethanol blending to 20% in Q4 2026.
Where is the headquarters of the IEA located?
The IEA is headquartered in Paris, France.
What is India’s current ethanol blending rate, and how does it compare globally?
India’s ethanol blending rate is around 12%, which is among the highest in the world.
What is the stockpile requirement for IEA member countries in terms of days?
IEA member countries maintain a stockpile equivalent to 90 days of their demand.
What is JAYWAN based on?
UAE’s domestic card JAYWAN is based on the digital RuPay credit and debit card stack.
What joint initiative are both countries supporting in Gujarat?
Both countries aimed at supporting the Maritime Heritage Complex at Lothal, Gujarat.
How many association countries are there in the IEA, and does India belong to this category?
There are 13 association countries in the IEA, and India is one of them.
How many member countries are part of the IEA?
The IEA has 31 member countries.
What are the two digital payment platforms that India and the UAE agreed to interlink?
The two digital payment platforms are UPI (India) and AANI (UAE).
What position did the UAE hold as an investor in India’s infrastructure sector in 2022-2023?
In 2022-2023, the UAE was the fourth biggest Foreign Direct Investment (FDI) investor in India.
Who is behind the initiative of Bharat Mart?
Bharat Mart is a joint initiative of DP World, a Dubai-based multinational.
Which agreements were signed to enhance port infrastructure and connectivity between India and the UAE?
Agreements were signed between RITES Limited and the Gujarat Maritime Board with Abu Dhabi Ports Company to enhance port infrastructure and connectivity between India and the UAE.
What is Bharat Mart, and where is it located?
Bharat Mart is a facility that combines retail, warehousing, and logistics, located at the Jebel Ali Free Trade Zone in Dubai.
Who founded the doctrine of Swaminarayan Sampradaya?
The doctrine of Swaminarayan Sampradaya was given by Bhagwan Swaminarayan.
What does BAPS stand for?
BAPS stands for Bochasanwasi Akshar Purushottam Swaminarayan Sanstha.
How are Swaminarayan and Gunatitanand Swami collectively worshiped?
They are collectively worshiped as Akshar-Purushottam Maharaj.
Who is Gunatitanand Swami and what is his significance?
Gunatitanand Swami is the first spiritual successor of Swaminarayan and is revered as Akshar.
x was a spiritual leader of the BAPS Swaminarayan Sanstha, and he lived from 1921 to 2016.
Pramukh Swami Maharaj
How much land was gifted for the mandir, and who was the benefactor?
Sheikh Mohammed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, gifted 27 acres of land for the mandir.
What materials were used in the construction of the mandir?
The mandir is constructed from pink sandstone from northern Rajasthan and marble from Italy.
When was the Comprehensive Economic Partnership Agreement (CEPA) between India and the UAE signed?
The CEPA was signed on 18 February 2022.
Who comprised the five-judge Constitution bench that ruled on the Electoral Bonds scheme?
The bench comprised Chief Justice of India (CJI) Justice DY Chandrachud, Justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra.
What is the architectural style of the Abu Dhabi temple?
The temple is built in the traditional Nagar style.
Which countries/regions has the Indian government prioritized for its revamped FTA strategy, and where does the UAE stand on that list?
Under India’s revamped FTA strategy, the government has prioritized at least six countries/regions, with the UAE at the top of the list for an early harvest deal (Interim Trade Agreement). The others include the UK, EU, Australia, Canada, Israel, and a group of countries in the Gulf Cooperation Council (GCC).
The first traditional Hindu mandir in Abu Dhabi was consecrated on 14 February 2024 by x.
Mahant Swami Maharaj
When was the Angkor area designated as a UNESCO World Heritage Site?
The Angkor area was designated as a UNESCO World Heritage Site in 1992.
What are the dimensions of the mandir?
The mandir stands 108 feet tall, is 262 feet in length, and 180 feet in width.
When did India and the UAE formally launch negotiations on the Comprehensive Economic Partnership Agreement (CEPA)?
India and the UAE formally launched negotiations on the CEPA in September 2021.
When did India and the UAE establish diplomatic relations?
India and the UAE established diplomatic relations in 1972.
x is recognized as the largest Hindu temple in the world.
Angkor Wat Temple
What significant award did Prime Minister Modi receive in 2019?
In 2019, Modi was awarded the Order of Zayed.
What rank does the UAE hold in terms of India’s trading partners?
The UAE is India’s third-largest trading partner and second-largest export destination.
What was the case name associated with the Supreme Court’s ruling on the Electoral Bonds scheme?
The case was Association for Democratic Reforms & Anr. v. Union of India & Ors.
When were electoral bonds launched in India?
Electoral bonds were launched by PM Narendra Modi’s government on January 2, 2018.
What does Clause 7(4) of the electoral bond scheme state?
Clause 7(4) of the scheme completely exempts information on the purchasers of electoral bonds.
What is the time frame for political parties to redeem electoral bonds?
Political parties can choose to redeem electoral bonds within 15 days of receipt to finance their electoral expenses.
How much worth of electoral bonds have been sold so far?
So far, electoral bonds worth ₹160 billion (approximately $1.9 billion; £1.5 billion) have been sold in 29 tranches.
What are the denominations available for electoral bonds?
What are the denominations available for electoral bonds?
When can electoral bonds be purchased?
Electoral bonds are available for purchase for 10 days at the beginning of every quarter: the first 10 days of January, April, July, and October. An additional period of 30 days is specified in the year of Lok Sabha elections.
What section of the Representation of the People Act, 1951 governs electoral bond redemption?
Answer: Section 29A.
What is the eligibility criterion for political parties to redeem electoral bonds?
Answer: Political parties must have received at least 1% of the votes in the last election.
When are electoral bonds available for purchase?
Answer: For 10 days in January, April, July, and October.