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UPSC 2018: Consider the following statements: 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?
(a)1 only
(b)2 only
(c)Both 1 and 2
(d)Neither 1 nor 2
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Not attemptedCorrect Answer: (a) 1 only
India meets roughly 60 % of its edible-oil requirement through imports (about 14–15 million t) while domestic output has remained around 7–9 million t in each of the five years preceding 2018, so Statement 1 is correct. Customs duty is in fact levied on all major edible-oil imports (e.g., 30 % on crude palm oil and 45 % on refined palm oil in 2018), therefore Statement 2 is incorrect.
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What is the correct answer to this UPSC 2018 Indian Economy question?▼
The correct answer is option (a): 1 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Agriculture & Rural Development question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2018, GS Paper 1, as Question 10. It falls under Indian Economy > Agriculture & Rural Development.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Agriculture & Rural Development?▼
UPSC has asked 60 questions from Agriculture & Rural Development (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.