Current Affairs

GK MCQs Section

Palm oil

Asian Palm Oil Alliance (APOA)

Asian Palm Oil Alliance (APOA) was formed at the Globoil Summit organized in Agra on September 21. Key facts The APOA brings together the apex edible oil industry...

September 24, 2022

Palm Oil Crisis in Indonesia

Indonesia, the largest producer, and exporter of palm oil is experiencing domestic shortages so much that the government has been forced to put curbs on shipments and introduce...

April 9, 2022

India’s Record Soyoil Import from the United States of America

Due to limited supply from drought-stricken South America, Indian exporters have arranged to import a record 100,000 tonnes of soyoil from the United States, at a time when...

February 19, 2022

Council of Palm Oil Producing Countries

The top palm oil producers for the first time are looking for opportunities to run an advocacy campaign in Europe. The largest oil producers of the world Indonesia...

January 20, 2021

Malaysia’s 3.7 billion USD package

The Malaysian Government recently unveiled 3.7 billion USD package to help the economy recover from impacts of COVID-19. The package amounts to 1.1% of GDP of Malaysia. The...

January 19, 2021

Union Cabinet approves MoU between India and Malaysia

On October 21, 2020, the Union Cabinet chaired by Prime Minister Narendra Modi approved the Memorandum of Understanding signed between The Institute of Chartered Accountants of India and...

October 21, 2020

Rare Palm from Andaman replanted in Kerala: To prevent its Extinction

A rare palm from South Andaman Island has found its second home in Jawaharlal Nehru Tropical Botanic Garden and Research Institute (JNTBGRI) Kerala. The species has been brought...

May 20, 2020

Curbs on Palm oil imports tightened

On April 13, 2020, India tightened its curbs on imports of palm oil. Under the new conditions, the authorisation for imports of palm oil should be accompanied with...

April 14, 2020

Negative impact of palm oil use in developing countries

The use of palm oil is widespread in developing countries because of its cheap availability. It is extracted from the fruits of the African Oil Palm tree. It...

December 7, 2019

Update – FDI in seeds & plantation doubles

In a written reply by the Union Minister of Agriculture, Narendra Singh Tomar informed the Lok Sabha that the Foreign Direct Investment in hybrid seeds and tree plantation...

July 2, 2019

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