RAS question
What was the total value of MoUs signed at the Rising Rajasthan Global Investment Summit 2024?
Correct answer: (A) ₹35 lakh crore.
MoUs worth ₹35 lakh crore, specifically ₹35,00,617.82 crore across 10,640 MoUs, were signed at the Rising Rajasthan Global Investment Summit 2024.
Explanation
The Rising Rajasthan Global Investment Summit 2024 recorded MoU proposals worth ₹35 lakh crore, showing the scale of investor commitments announced for the state. The official Economic Review’s department-wise table gives the exact total as 10,640 MoUs with investment of ₹35,00,617.82 crore. This is why option A is the accurate rounded figure: it matches the official total when expressed in lakh crore terms. The summit’s MoU table also shows that the figure was not a single-sector estimate; it was the combined total across departments such as Energy, Industries, Mines, UDH, Tourism, Agriculture, Education, Medical and Health, DoITC, Aviation, LSG and Other.
Why the other options are wrong
- (B) ₹10 lakh crore is too low because the official Economic Review table totals the summit MoUs at ₹35,00,617.82 crore, or about ₹35 lakh crore.
- (C) ₹25 lakh crore understates the official total, which is listed as ₹35,00,617.82 crore across 10,640 MoUs.
- (D) ₹50 lakh crore is too high because the official rounded figure is ₹35 lakh crore, with the exact table total at ₹35,00,617.82 crore.
Concept
This tests Rajasthan’s recent investment-promotion and state economy current affairs. RAS often asks such figures because flagship summits, MoUs and sectoral investment commitments reflect the government’s development narrative and budget-linked economic priorities.