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 ?
Show answer
Answer: A. Statement 1 is correct: India imports about 14–15 million tonnes of edible oil a year, more than its domestic production of about 7–8 million tonnes. Statement 2 is wrong: customs duty is levied on imported edible oils and was in fact raised in 2017–18. So only 1.
Watch for: The word 'special case' makes a blanket duty exemption sound believable.
Why the other options are wrong
- B. Wrong because customs duties are imposed on edible oil imports.
- C. Wrong because statement 2 is false.
- D. Wrong because India's edible oil imports do exceed domestic output.
Source to check: Ministry of Agriculture, Department of Agriculture and Cooperation, edible oil data; Economic Survey 2017-18, Vol. 2, Agriculture chapter
Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.