Q. With reference to Extra-Long Staple (ELS) cotton, consider the following statements::
1.Egypt is one of the largest producers of ELS cotton.
2.ELS cotton is not yet produced in India.
3.The price of ELS cotton in lower than the normal cotton.
Which of the statements given above is/are correct?
Answer: C
Notes:
Explanation –
Statement 1 is correct. Egypt, the US, and Australia are the largest producers of ELS cotton.
Statement 2 and 3 are incorrect. ELS cotton is produced in India but on a small scale. The price of ELS cotton is higher than the normal cotton because of its good quality.
Source: Business Standard