INTERNATIONAL
Bilateral Relations
India Marks Maiden Sea Export of Value-Added Flavoured Makhana from Bihar to Canada
APEDA enabled the first commercial sea cargo export of value-added flavoured Makhana (Fox Nuts) originating from Bihar to Canada.
The 7 metric tonne inaugural shipment was processed by Nutrivin Agro Private Ltd and dispatched from Darbhanga, Bihar, traveling through Gujarat's Mundra Port.
Bihar dominates global fox nut production, contributing approximately 85% to 90% of the worldwide Makhana supply.
Makhana has been designated under the One District One Product (ODOP) program in key Bihar districts to expand food processing capabilities and export reach.
Exam Perspective: Transitioning from raw commodity exports to value-added processed food items improves export margins and aligns with national agricultural value-addition goals.
The 7 metric tonne inaugural shipment was processed by Nutrivin Agro Private Ltd and dispatched from Darbhanga, Bihar, traveling through Gujarat's Mundra Port.
Bihar dominates global fox nut production, contributing approximately 85% to 90% of the worldwide Makhana supply.
Makhana has been designated under the One District One Product (ODOP) program in key Bihar districts to expand food processing capabilities and export reach.
Exam Perspective: Transitioning from raw commodity exports to value-added processed food items improves export margins and aligns with national agricultural value-addition goals.
Key Facts / Static GK
ODOP Initiative Parent Scheme: PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme
Canada Capital: Ottawa
Canada Currency: Canadian Dollar
Canada Capital: Ottawa
Canada Currency: Canadian Dollar
Practice Quiz — 5 August 2026
Q1. Which of the following statements regarding the RBI's updated Bulk Deposit Interest Rate Directions 2026 is/are correct?
Answer: (B) Both statements I and II are correct — Statement I: The framework allows differential rates on bulk deposits based on LCR run-off rates from October 1, 2026. Statement II: Commercial banks and SFBs share a bulk deposit threshold of ₹3 crore, while RRBs have a threshold of ₹1 crore.
Q2. Under the revised CGSMFI 2.0 guidelines, what is the mandatory minimum combined allocation percentage of guarantee cover reserved for small and medium MFIs?
Answer: (C) 15% — Banks must now allocate at least 15% of the total guarantee cover under CGSMFI 2.0 to small and medium-sized MFIs, replacing the previous segregated structure of 5% and 10%.
Q3. Which agency constructed the new Income Tax Department office complex 'Aayakar Sindhu' inaugurated in Mumbai?
Answer: (B) Central Public Works Department (CPWD) — The 'Aayakar Sindhu' office complex in Nariman Point, Mumbai, was constructed by the Central Public Works Department (CPWD).
Q4. Which Non-Banking Financial Company (NBFC) has partnered with Flipkart as the principal lending partner for 'Flipkart Pay Later'?
Answer: (B) PayU Finance — PayU Finance, the NBFC arm of PayU, serves as the primary licensed lender for the Flipkart Pay Later digital credit solution.
Q5. Which founding document led to the formal establishment of the Arctic Council in 1996?
Answer: (B) Ottawa Declaration — The Arctic Council was officially established in 1996 through the adoption of the Ottawa Declaration.
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