Question

India earns maximum foreign exchange through the export of ______.
A)Jute
B)Coffee
C)Cotton
D)Tea

Answer 1

Hint: It is an aromatic drink usually produced by pouring hot or boiling water on the fresh and cured leaves of the Camellia sinensis (East Asian shrub). It is the most popular drink in the world following water.
Exports are products and services that are manufactured and sold in a country to consumers. The transfer of currency from one country to another is an exchange or forex. In a free market, the currency of a nation is valued by supply and demand law.

Complete answer:
The first jute trader was the British East India Company. In 1793, about 100 tons of jute were exported by the company. Bangladesh is still the world's largest raw yute producer and exporter. The jute trade was never restricted to particular communities, such as India and Pakistan after the secession of Bangladesh (East Pakistan) from Pakistan in 1971.
India, through the export of jute, does not receive the full foreign exchange. Hence, this option is incorrect.
Option B. Coffee
In the years 2019-2010, the coffee exporter in India amounted to 738,90 million dollars, and in April-May 2020, India is one of the third largest manufacturers, exporters and exporting the world's sixth-largest manufacturer and fifth largest exporter of coffee in the region.
India does not receive the full amount of foreign exchange by exporting coffee. Hence, this option is incorrect.
Option C. Cotton
Bangladesh, China & Pakistan were India's biggest export destinations in 2018-19. Cotton imports from India are expanding in countries such As Bangladesh, China, Pakistan, Vietnam and Indonesia to fulfill their export-driven clothing industries requirements.
Indian exchanges do not gain the value by exporting cotton. Hence, this option is incorrect.
Option D. Tea
The Indian tea industry is exporting to the highest exchanges. India is the second biggest tea maker. The tea industry is also a job-intensive market. India is China, Sri Lanka and Kenya's fourth largest tea exporter.
In 2019 India exported 248,29 million kilograms of tea, down 3% compared to 2018. In January, 17.95 million kg of tea were exported by the country down from 23.25 million kg last year the same month.
Russia was the biggest volume exporter of Indian tea in the fiscal year 2019 at almost 47 thousand tons. It preceded Iran and the U.S. That year, India's tea export was reported to be in excess of 58 billion.

Hence, the correct answer is option (D)

Note: Northeast India (Assam) and the North Bengal Region are the main tea-growing areas in India (Darjeeling). In the area of Nilgiris, it is also grown in South India.
Assam tea production in 2019 was the highest in any other region at approximately 702 million kg. This year, West Bengal arrived second with 395 million kg of production. The country produced a total of 1.35 billion kg of tea that year.