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Which of the following statements are correct about the Oilseeds Sector in India? 
1. India is one of the world’s largest edible oil economies
2. India being deficient in oils has to import 40% of its consumption requirements
3. India is the fifth-largest producer of oilseeds in the world
4. Though India has the largest cultivated area under oilseeds in the world, crop yields tantamount to only 50-60% of the world’s average
  • a)
    1 and 2
  • b)
    1, 2 and 3
  • c)
    2, 3 and 4
  • d)
    1, 2, 3 and 4 
Correct answer is option 'D'. Can you explain this answer?
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Which of the following statements are correct about the Oilseeds Secto...
Oilseeds Sector in India: Size 
India is one of the world’s largest edible oil economies with 15,000 oil mills, 689 solvent extraction units, 251 Vanaspati plants and over 1,000 refineries employing more than one million people. The total market size is at Rs. 600,000 Mln. and import-export trade is worth Rs.130, 000 Mln. 
India being deficient in oils has to import 40% of its consumption requirements. With an annual consumption of about 11 mln Tonnes, the per capita consumption is at 11.50 kgs, which is very low compared to world average of 20 kgs. China is currently at 17 kg. India is also a leading producer of oilseeds, contributing 8-10% of world oilseed production. India is estimated to account for around 6% of the world’s production of edible oils. Though it has the largest cultivated area under oilseeds in the world), crop yields tantamount to only 50-60% of the world’s average. 
India is the fifth-largest producer of oilseeds in the world, behind US, China, Brazil, and Argentina. 
Three oilseeds - Groundnut, Soybean and Rapeseed/ Mustard - together account for over 80 percent of aggregate cultivated oilseeds output. Mustard seed alone contributes Rs.120, 000 Mln. turnover out of Rs.600, 000 Mln. oilseed based Sector domestic turnover. Cottonseed, Copra and other oil-bearing material too contribute to domestic vegetable oil pool. 
Currently, India accounts for 7.0% of world oilseeds output; 7.0% of world oil meal production; 6.0% of world oil meal export; 6.0% of world veg. oil production; 14% of world veg. oil import; and 10 % of the world edible oil consumption. 
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Which of the following statements are correct about the Oilseeds Secto...
Answer is d here
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Which of the following statements are correct about the Oilseeds Sector in India?1. India is one of the world’s largest edible oil economies2. India being deficient in oils has to import 40% of its consumption requirements3. India is the fifth-largest producer of oilseeds in the world4. Though India has the largest cultivated area under oilseeds in the world, crop yields tantamount to only 50-60% of the world’s averagea)1 and 2b)1, 2 and 3c)2, 3 and 4d)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer?
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Which of the following statements are correct about the Oilseeds Sector in India?1. India is one of the world’s largest edible oil economies2. India being deficient in oils has to import 40% of its consumption requirements3. India is the fifth-largest producer of oilseeds in the world4. Though India has the largest cultivated area under oilseeds in the world, crop yields tantamount to only 50-60% of the world’s averagea)1 and 2b)1, 2 and 3c)2, 3 and 4d)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following statements are correct about the Oilseeds Sector in India?1. India is one of the world’s largest edible oil economies2. India being deficient in oils has to import 40% of its consumption requirements3. India is the fifth-largest producer of oilseeds in the world4. Though India has the largest cultivated area under oilseeds in the world, crop yields tantamount to only 50-60% of the world’s averagea)1 and 2b)1, 2 and 3c)2, 3 and 4d)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following statements are correct about the Oilseeds Sector in India?1. India is one of the world’s largest edible oil economies2. India being deficient in oils has to import 40% of its consumption requirements3. India is the fifth-largest producer of oilseeds in the world4. Though India has the largest cultivated area under oilseeds in the world, crop yields tantamount to only 50-60% of the world’s averagea)1 and 2b)1, 2 and 3c)2, 3 and 4d)1, 2, 3 and 4Correct answer is option 'D'. Can you explain this answer?.
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