2021
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Central Government has removed the ban on which product exports from 1st January 2021?
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Sugar
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Onion
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Tomato
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Oil
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Explanation:
Detailed explanation-1: -The Central Government has removed the ban on Onion exports from 1st January 2021.
Detailed explanation-2: -India exports most of it’s Onion to Sri Lanka, Malaysia and United Arab Emirates and is the largest exporter of Onion in the World. The top 3 exporters of Onion are India with 556, 862 shipments followed by China with 40, 042 and Ethiopia at the 3rd spot with 35, 976 shipments.
Detailed explanation-3: -Under the Merchandise Export from India Scheme (MEIS), onion exporters were eligible for a five per cent rebate for the onions they exported. However, the scheme was suspended in June 2019 due to the steady rise in retail and wholesale prices in the country.
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