Q: 24 (IAS/2019)
question_subject:
Economics
question_exam:
IAS
stats:
0,135,46,13,11,22,135
keywords:
{'highest imports': [0, 0, 0, 1], 'agricultural commodities': [1, 0, 0, 0], 'india': [8, 1, 7, 13], 'spices': [0, 0, 1, 0], 'vegetable oils': [1, 0, 0, 0], 'fresh fruits': [1, 0, 0, 0], 'value': [0, 0, 1, 0]}
In the last five years, vegetable oils have accounted for the highest imports in terms of value among the agricultural commodities imported by India. India is the largest importer of vegetable oils in the world, and the major imported vegetable oils are palm oil and soybean oil. The demand for vegetable oils has been increasing in India due to the rise in population and changing food habits, which has led to a surge in the consumption of processed foods, bakery products, and fast foods. The domestic production of oilseeds and edible oils in India has not been able to meet the rising demand, which has led to a higher dependence on imports.