Question:

What was the percentage share of value of agricultural exports to national exports in 2021-22?

Show Hint

For factual questions on Indian agriculture, always refer to the latest Economic Survey or the Annual Report of the Ministry of Agriculture.
Remember that shares and percentages may change annually, so check for the most recent data while preparing.
  • 7.32 per cent
  • 9.56 per cent
  • 11.94 per cent
  • 14.67 per cent
Show Solution
collegedunia
Verified By Collegedunia

The Correct Option is A

Solution and Explanation

Step 1: Understanding the Concept:
This question tests knowledge of India's agricultural export performance in 2021-22.
The share of agricultural exports in total national exports reflects the contribution of the farm sector to the country's foreign exchange earnings.

Step 2: Key Approach:

This is a factual question based on the latest economic survey or agricultural statistics data for 2021-22.
The share is calculated as:
\[ \text{Share (%)} = \frac{\text{Value of Agricultural Exports}}{\text{Total National Exports}} \times 100 \]

Step 3: Detailed Explanation:

According to the Ministry of Agriculture and Farmers Welfare's data for 2021-22, the share of agricultural exports was 7.32 per cent.
This means out of every ₹100 earned from exports, ₹7.32 came from agricultural commodities.
The share fluctuates based on global demand, crop production, and government policies.
In 2021-22, India's agricultural exports grew despite the pandemic and supply chain disruptions.
The figure of 7.32 per cent is lower than in some previous years due to a surge in non-agricultural exports like petroleum and electronics.
Agriculture includes both raw produce like cereals, fruits, vegetables, and processed items like spices and marine products.
Was this answer helpful?
0
0