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
Correct answer
Explanation
The correct answer is India. 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. The scale rests on a wide base of small enterprises: more than 21,000 units are at work, and they provide direct and indirect livelihoods to over 7 lakh workers, four-fifths of them women from rural households. The industry turns over roughly ₹16,000 crore and contributes close to 1% of the country’s gross domestic product. Indonesia, the Philippines and Sri Lanka are all large coconut-growing nations, but none of them is identified as holding the first place in coir production or coir exports, so options A, C and D are wrong. Coir pith, fibre, yarn and tufted mats are the leading items India ships out, and the United States, China, the Netherlands, Spain and the United Kingdom are the main buyers.
Read the full article: Coir Exports Up 305% in Ten Years to ₹6,614.40 Crore
Practice Questions
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
Show answer
The correct answer is ₹6,614.40 crore, the value of coir and coir product exports in FY 2025-26.
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
Show answer
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
Show answer
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
Show answer
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
Show answer
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.
Read the full explanation →