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Discussion :: National - Latest Current Affairs (Q.No.1058)

1058. 

Trade body Solvent Extractors' Association of India (SEA) reported that India's edible oil imports have declined by how much percentage in March 2020?

[A]. 22.44%
[B]. 32.44%
[C]. 12.44%
[D]. 42.44%

Answer: Option B

Explanation:

Trade body Solvent Extractors' Association of India (SEA) reported that India's edible oil imports have declined 32.44% to 9,41,219 tonnes in March 2020. The reason for the decline is due to government restrictions on the purchase of refined palm oil from the overseas market. India had imported 13,93,255 tonnes in March 2019.

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