DENDROLOGY

FOREST ECOLOGY

FOREST MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are some Economic values of Forests?
A
timber for lumber
B
medicinal plants
C
increasing biodiversity
D
source of food
E
purifying water
Explanation: 

Detailed explanation-1: -Forests provide wood, timber, raw materials, vegetables, and fruits, which have significant economic value.

Detailed explanation-2: -Forests are recognized as an integral part of national economies, providing a wide range of production inputs, environmental goods, food, fuel, medicines, household equipment, building material and raw materials for industrial processing.

Detailed explanation-3: -Forest Economics: According to an expert panel report set up by the Ministry of Environment, forest and climate change(MoEF&CC): India’s forest resources are valued at an estimated $1.7 trillion. The Net Present Value (NPV) is also pegged between rupees 9-55 lakh per hectare.

Detailed explanation-4: -Forests provide many forest products such as tannins, gums, spices, waxes, honey, musk, and hides. Among the forest tribes, roots, fruits, leaves, and tubers are used as a source of food.

There is 1 question to complete.