Department Of Chemicals & Petrochemicals
Official policy releases, schemes, circulars, and Prelims practice questions from Department Of Chemicals & Petrochemicals distilled for UPSC Civil Services Examination.
🎯 Department Of Chemicals & Petrochemicals UPSC Practice Questions
🎯 UPSC Prelims Practice Drill
The two‑day workshop organized by the Department of Financial Services (DFS) on 20‑21 August 2026 in Bengaluru focused on expanding access to financial services for persons with disabilities. Which of the following was NOT a focus area of the second day of the workshop?
- [A] Public sector banks (PSBs)
- [B] Public sector insurance companies (PSICs)
- [C] Private sector banks
- [D] Public financial institutions (PFIs)
▶ Reveal Official Answer & Analytical Explanation
The second‑day discussions were specifically directed at public sector banks, public sector insurance companies, regulators and public financial institutions. Private sector banks were not mentioned as a focus area in the workshop agenda.
🎯 UPSC Prelims Practice Drill
Consider the following statements regarding the recently signed Memorandum of Understanding (MoU) between the Central Bureau of Narcotics (CBN) and Pharmexcil: 1. The collaboration aims to promote legitimate pharmaceutical exports while strengthening regulatory oversight under the NDPS Act, 1985. 2. The Voluntary Code of Conduct (VCC) introduced under this framework is a mandatory and legally binding statutory burden imposed on all pharmaceutical exporters. 3. The Central Bureau of Narcotics functions under the administrative control of the Department of Revenue, Ministry of Finance. Which of the statements given above is/are correct?
- [A] 1 only
- [B] 1 and 3 only
- [C] 2 and 3 only
- [D] 1, 2 and 3
▶ Reveal Official Answer & Analytical Explanation
Statement 1 is correct: The MoU between CBN and Pharmexcil aims to promote legitimate pharmaceutical exports and streamline export processes for APIs and formulations under the NDPS Act, 1985. Statement 2 is incorrect because the Voluntary Code of Conduct (VCC) is explicitly designed to be voluntary and non-binding so as not to impose any additional statutory or financial burdens on exporters. Statement 3 is correct as the Central Bureau of Narcotics (CBN) operates under the Department of Revenue, Ministry of Finance.
Official Policy Notifications & Dossiers
1 Briefs-
PIB
India Chem-2026 Concludes in Mumbai with a Strategic Vision to Reach $1 Trillion by 2040
- The 14th biennial international exhibition and conference 'India Chem-2026', themed 'Advantage India: An Emerging Global Chemical Hub', was successfully concluded in Mumbai, with Japan as the partner country.
- The Union Minister for Chemicals and Fertilizers highlighted that India's chemical and petrochemical sector must expand from its current market size of approximately 220 billion US dollars to around 1 trillion US dollars by 2040 and 1.6 trillion US dollars by 2047.