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Current Affairs Sep 17(2025-09-17)

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 Consider the following statements about the exchange rates of currencies.

  1. 1 Indian Rupee (INR) is approximately equal to more than 200 Indonesian Rupiah (IDR).
  2. 1 U.S. Dollar (USD) is approximately equal to 16,500 Indonesian Rupiah (IDR).

Which of the statements given above is/are correct?

Consider the following pairs of basins and their type (onshore/offshore)

  1. Cambay Basin  – Onshore
  2. Assam-Arakan Basin  – Offshore
  3. Mumbai High  – Offshore

Krishna-Godavari Basin  – Offshore
Which of the pairs are correctly matched?

With reference to India’s oil and gas sector, consider the following statements.

  1. PSCs are agreements between the government and oil companies to explore and produce hydrocarbons.
  2. Both ONGC and private companies like Vedanta and Reliance operate under PSCs in India.
  3. Offshore blocks are generally under production sharing contracts, while onshore blocks are exclusively reserved for public sector companies.

Which of the statements is/are correct?

Consider the following statements regarding India’s maize imports for ethanol production

  1. India imported nearly one million tonnes of maize in 2024-25, largely from Myanmar and Ukraine.
  2. In the current financial year, India imports U.S. corn due to its genetically modified (GM) nature and the increasing demand of ethanol production.

Which of the above statements is/are correct?