The Outlook for India’s Sugar Industry

The Outlook for India’s Sugar Industry

Assessment

Interactive Video

Business, Other, Social Studies

University

Hard

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The video discusses the farmer protests in India, focusing on crop procurement issues, particularly for wheat and paddy, while sugar cane is not affected. It examines the impact of the pandemic on the sugar industry, noting that sugar is an essential commodity and faced minimal disruption. The video also addresses challenges related to government subsidies and WTO rules, highlighting India's compliance with WTO provisions and the need for a revenue-sharing formula for sugar cane pricing.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the ongoing farmer protests in India?

The government is not providing subsidies for sugar.

The government is not procuring sugar cane.

The government is procuring crops like wheat and paddy.

The government is fixing sugar cane prices.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the COVID-19 pandemic initially affect the sugar industry in India?

There was a temporary drop in industrial demand for sugar.

The sugar industry faced a major supply chain disruption.

The sugar industry was completely shut down.

There was a significant increase in sugar exports.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What compensatory trend was observed in sugar consumption during the pandemic?

Decrease in sugar exports.

Complete halt in sugar production.

Higher household consumption of sugar.

Increased industrial use of sugar.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern of countries like Australia regarding India's sugar industry?

India's government subsidies for sugar exports.

India's domestic sugar consumption rates.

India's sugar export volumes.

India's sugar production levels.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under which international agreement does India justify its sugar export subsidies?

The Paris Agreement

The Agreement on Agriculture

The Kyoto Protocol

The Trade Facilitation Agreement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What pricing system is the Indian sugar industry proposing to adopt?

A market-driven price system.

A revenue-sharing formula.

A fixed government price system.

A cost-plus pricing model.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How could adopting a revenue-sharing formula benefit India's sugar industry?

It would decrease sugar exports.

It would eliminate the need for government subsidies.

It would align with international pricing practices.

It would increase sugar production.