What was the value of India’s exports of coir and coir products in FY 2025-26?
- A.₹1,630.33 crore
- B.₹3,284.75 crore
- C.₹6,614.40 crore
- D.₹16,000 crore
Correct answer
Explanation
The correct answer is ₹6,614.40 crore, the value of coir and coir product exports in FY 2025-26. Option A, ₹1,630.33 crore, is the figure for FY 2014-15, the base year against which the gain is measured; exports have more than quadrupled since then, a rise of 305.70%. Option D, ₹16,000 crore, is the turnover of the whole Indian coir industry, not its export earnings, and that turnover amounts to close to 1% of national GDP. Option B is simply not a figure associated with the sector. The main destinations for these exports are the United States, China, the Netherlands, Spain and the United Kingdom, while coir pith, fibre, yarn and tufted mats dominate the basket. Aspirants should hold on to the export value, the base-year value and the percentage rise together, because a question can be set on any one of the three.
Read the full article: Coir Exports Up 305% in Ten Years to ₹6,614.40 Crore
Practice Questions
Which country is the world’s largest producer and exporter of coir and coir products?
- A.Indonesia
- B.India
- C.the Philippines
- D.Sri Lanka
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India stands first in the world both in making coir and in selling it abroad, and about two-thirds of global coir output comes from Indian units.
Read the full explanation →The Coir Vikas Yojana (CVY) is a central sector scheme of which Union ministry?
- A.Ministry of Textiles
- B.Ministry of Agriculture and Farmers’ Welfare
- C.Ministry of Commerce and Industry
- D.Ministry of Micro, Small and Medium Enterprises
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The scheme funds the development of machines, technologies and products, conducts skill training and promotional work, pushes sales in domestic as well as overseas markets, creates awareness through publicity and trade fairs, gives financial help to lift sales, takes exporters to international exhibitions and compiles the sector’s statistics.
Read the full explanation →How many coir units are registered on the Udyam registration portal, and how many people do they employ?
- A.Over 11,000 units, employing 1.2 lakh persons
- B.Over 21,000 units, employing 2.3 lakh persons
- C.Over 31,000 units, employing 4.5 lakh persons
- D.Over 51,000 units, employing 8.1 lakh persons
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Bringing these units on to the Udyam registration portal places them inside the formal MSME policy system, so they can reach the credit, training and market support the government offers.
Read the full explanation →Which Act governs the auction of India's offshore mineral blocks?
- A.The Mines and Minerals (Development and Regulation) Act, 1957
- B.The Offshore Areas Mineral (Development and Regulation) Act, 2002
- C.The Territorial Waters Act, 1976
- D.The Coastal Regulation Zone Act, 2011
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This framework is meant to keep the allotment of sea bed mineral resources transparent and to push systematic exploration of the country's offshore potential.
Read the full explanation →Which institution is the transaction adviser for the offshore mineral block auction?
- A.Geological Survey of India
- B.SBI Capital Markets Limited
- C.MSTC
- D.National Mineral Exploration and Development Trust
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The correct answer is SBI Capital Markets Limited, which acts as the transaction adviser and explained the policy framework, the auction process and the bidding requirements at the outreach programme.
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