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UPSC-ESE-2017-->View question

Consider the following statements: Which of the statements given above is/are correct?

  1. The quantity of imported edible oils is more than the domestic production of edible oils in the last five years.
  2. The Government does not impose any customs duty on all the imported edible oils as a special case.
Which of the statements given above is/are correct?

  1. 1 only
  2. 2 only
  3. Both 1 and 2
  4. Neither 1 nor 2


Asked On2019-06-24 16:36:25 by:amitoj-singh

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  1. The quantity of imported edible oils is more than the domestic production of edible oils in the last five years.
  2. The Government does not impose any customs duty on all the imported edible oils as a special case.
Which of the statements given above is/are correct?

  1. 2 only

Answerd on:2019-08-02 Answerd By:bigboxer850

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But the demand for edible oils (extracted from oilseeds in addition to palm oil) is significantly higher than the domestic production, leading to dependence on imports (60% of requirement). Hence, statement 1 is correct.


Answerd on:2022-01-29 Answerd By:Muskan-Kumari

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