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UPSC Prelims 2018 · Agriculture · Farm Money
Consider the following statements: Which of the statements given above is/are correct?
- The quantity of imported edible oils is more than the domestic production of edible oils in the last five years.
- The Government does not impose any customs duty on all the imported edible oils as special case.
- (a) 1 only
- (b) 2 only
- (c) Both 1 and 2
- (d) neither 1 nor 2
Show the answer and explanation
Answer: (a) 1 only
Imports exceed domestic output; duties do apply.
Statement by statement
1. ✓ CORRECT India imports about 55–60% of its edible oil — more than it produces.
2. ✗ WRONG Customs duty is levied on edible oil imports (rates are changed often).
Why the others are wrong
(b) Accepts zero duty.
(c) Accepts zero duty.
(d) Rejects the import dependence.
The trap
“Does not impose any duty on all” — absolute words.
🔒 India = top edible oil importer (palm from Indonesia/Malaysia, soy/sunflower). NMEO-OP.