In terms of value, which one of the following commodities accounted for the largest agricultural exports by India during the three year period from 1997- 1998 to 1999-2000?

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Q: 71 (IAS/2002)
In terms of value, which one of the following commodities accounted for the largest agricultural exports by India during the three year period from 1997- 1998 to 1999-2000?

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,51,108,41,51,42,25

keywords: 

{'largest agricultural exports': [0, 0, 1, 0], 'commodities': [0, 2, 2, 1], 'india': [8, 1, 7, 13], 'spices': [0, 0, 1, 0], 'cereals': [1, 0, 0, 0], 'marine products': [0, 0, 2, 0], 'tea': [0, 0, 0, 1], 'value': [0, 0, 1, 0]}

During the mentioned three-year period, marine products accounted for the largest agricultural exports by India in terms of value. This means that the total value of exports of marine products from India was the highest compared to other agricultural commodities such as cereals, spices, and tea.

India has a long coastline and is blessed with rich marine resources, including a wide variety of fish, shrimp, and other seafood. The country has a well-developed fishing industry, both in the capture and aquaculture sectors. Marine products from India are exported to various countries around the world, meeting the global demand for seafood.

The export of marine products contributes significantly to India`s agricultural exports and earns foreign exchange for the country. The demand for Indian marine products is driven by factors such as the quality of seafood, competitive pricing, and the ability to meet international food safety and quality standards.

During the specified period, the value of exports of marine products surpassed other agricultural commodities like cereals (such as rice and wheat), spices (such as turmeric, chili, and cardamom), and tea. This indicates the strength and competitiveness of India`s marine product exports in the global market during that time.

It`s important to note that the composition of India`s agricultural exports may vary over time, influenced by factors such as global market trends, changes in demand and supply dynamics, government policies, and the performance of different agricultural sectors.