In terms of value, which one of the following commodities accounted for the largest agricultural exports by India during the three year period from 1997–1998 to 1999–2000?
✓ Correct answer: b) Marine products
ExplanationAccording to the Economic Survey 2001-02, during the period from 1997–1998 to 1999–2000, marine products were the largest agricultural export by India in terms of value due to high global demand in countries like the USA, Japan, and Eu- rope, and improved processing and storage.Here is a breakdown of the export values (in million USD) for key commodities during this period according to the Economic Sur- vey 2001-02. Even now, according to the Agricultural and Processed Food Products Export Development Authority (APEDA) and the Min- istry of Commerce and Industry, marine products have led the agricultural export chart in terms of value in the last few years.Indian Economy 253 61
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