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Option 1 states that the correct descending sequence of India`s import of commodities in terms of value is Capital Goods, Electronic Goods, Food Products, and Fertilizers.
Capital Goods are typically expensive and durable goods used in the production of other goods and services. Electronic Goods include items like smartphones, computers, and televisions. Food Products encompass a wide range of items, including agricultural products and processed foods. Fertilizers are a type of substance used to enhance plant growth in agriculture.
This sequence suggests that India imports a significant amount of Capital Goods, followed by Electronic Goods, Food Products, and Fertilizers.
Option 2 states that Fertilizers are imported first, followed by Food Products, Electronic Goods, and Chemicals. Option 3 states that the sequence is Capital Goods, Electronic Goods, Food Products, and Chemicals. Option 4 states that the sequence is Electronic Goods, Capital Goods, Fertilizers, and Food Products.
Based on the information provided, option 1 is the correct answer as it matches the descending sequence of India`s import of commodities in terms of value.