CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Central Government has removed the ban on which product exports from 1st January 2021?
A
Sugar
B
Onion
C
Tomato
D
Oil
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.

There is 1 question to complete.