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Discussion :: International - Latest Current Affairs (Q.No.281)

281. 

In which country the Cotton Corporation of India (CCI) plans to set up its own warehouse?

[A]. China
[B]. Russia
[C]. Vietnam
[D]. Tibet

Answer: Option C

Explanation:

The Cotton Corporation of India (CCI), which is holding surplus stocks of cotton just ahead of the next harvest season, is trying to boost exports of the fibre crop. A memorandum of understanding is being worked out to export 1.5-2 million bales (of 170 kilograms each) of cotton to Bangladesh while the state-run CCI will also set up its own warehouse in Vietnam to boost cotton exports.

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