Question
Which of the following factors significantly impacted
India's tea exports in 2023?Solution
India's tea exports in 2023 remained stagnant at 231.691 million kilograms, similar to 2022. A significant factor contributing to this stagnation was the loss of the Iran market due to US sanctions. This caused a sharp decline in Iran's imports of Indian tea from 54 million kilograms in 2019 to just 5.16 million kilograms in 2023. This loss severely impacted India's overall tea offtake, despite other factors such as exports to Russia being affected amid its conflict with Ukraine.
What is the primary aim of the Investor Risk Reduction Access (IRRA) platform launched by SEBI?
What is the Capital to RiskWeighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of endMarch 2024 according to the Financial Stability Re...
Where was the inaugural meeting of the Inland Waterways Development Council (IWDC) held?
What is the current number of tax slabs under the GST regime in India?
Which missile, equipped with Multiple Independently Targetable Re-Entry Vehicle (MIRV) technology, was successfully tested in Mission Divyastra by DRDO?...
Which city of Uttar Pradesh has got the World Guinness record for lighting four lakh diyas?
Sundari , a well-known species of trees, is found in:
 ____ state has started a self defence training program for girls?
What is the primary difference between a Credit Card and a Debit Card?
Who is the recently elected Prime Minister of Israel?
Relevant for Exams:
