Practicing Success
In which of the following product export has been increased in India? |
Floriculture Products Coffee Cashew Traditional items |
Floriculture Products |
The correct answer is Option (1) → Floriculture Products The composition of commodities in India’s international trade has been undergoing a change over the years. The share of agriculture and allied products has declined, whereas, shares of petroleum and crude products and other commodities have increased. The shares of ore minerals and manufactured goods have largely remained constant over the years from 2009-10 to 2010-11and 2015-16 to 2016-17. The decline in traditional items is largely due to the tough international competition. Amongst the agricultural products, there is a decline in the export of traditional items, such as coffee, cashew, etc., though an increase has been registered in floricultural products, fresh fruits, marine products and sugar, etc |