Odisha Dominates India's Mining Sector Contribution; Eastern Region Leads Growth

A joint report by Assocham and ICRA identifies Odisha as the premier contributor to India's mining economy.
Odisha alone accounts for approximately 14% of the nation's mining Gross Value Added (GVA).
The top five states—Odisha, Gujarat (12.9%), Maharashtra (12.1%), Rajasthan (9.6%), and Madhya Pradesh (8.6%)—collectively drive over 57% of the total mining GVA.
The report underscores the significance of the eastern region in fueling India's industrial and mineral growth.
Understanding state-wise economic contributions helps candidates analyze regional disparities and industrial strengths in India.

Key Facts / Static GK

ASSOCHAM Headquarters: New Delhi
ICRA (Investment Information and Credit Rating Agency) HQ: Gurugram
Odisha CM: Mohan Charan Majhi

Q Practice Quiz — 20 March 2026

1. What does the name of the joint military exercise 'LAMITIYE' mean in the Creole language?

A Unity

B Strength

C Friendship

D Peace

E Bravery

Explanation: The term 'LAMITIYE' means 'Friendship' in the Creole language, reflecting the cooperation between India and Seychelles.

2. In the VRR auction conducted by RBI on 20th March 2026, what was the total amount actually injected into the banking system?

A ₹1.50 lakh crore

B ₹50,000 crore

C ₹48,014 crore

D ₹75,000 crore

E ₹1.12 lakh crore

Explanation: According to the news report, while the RBI offered ₹1.50 lakh crore, the actual liquidity injection via the VRR auction was ₹48,014 crore due to lower uptake by banks.

3. Regarding the expansion of UPI in Sri Lanka, which of the following statements is true?

A Indian tourists can only pay using a special Sri Lankan prepaid card.

B Payments are made by scanning Lanka QR codes through UPI apps.

C The system requires physical conversion of INR to LKR at the counter.

D This is the first international expansion of UPI by NIPL.

E The system only works for government-owned merchant establishments.

Explanation: Indian users can make real-time payments in Sri Lanka by scanning Lanka QR codes using their preferred UPI-enabled mobile applications.

4. Which company has launched the world's first Autonomous Maritime Shipbuilding Centre in Nellore?

A Mazagon Dock Shipbuilders

B Sagar Defence Engineering Pvt Ltd

C Garden Reach Shipbuilders

D Cochin Shipyard Limited

E L&T Shipbuilding

Explanation: Sagar Defence Engineering Pvt Ltd has launched this center, which is the first of its kind globally, in Nellore, Andhra Pradesh.

5. In the newly launched hybrid passive index fund by Edelweiss AMC, what is the allocated ratio between Equity and Debt components?

A 50:50

B 60:40

C 70:30

D 80:20

E 75:25

Explanation: The fund, as indicated in its name and strategy, maintains a fixed asset allocation of 70% in Equity and 30% in Debt (Government Securities).

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