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Question
The biggest item of India’s imports is :
Options:
A .  Mica
B .  Iron ore
C .  Petroleum products
D .  Gems and jewellery
Answer: Option C
Answer: (c)
As per the Economic Survey 2011-12, Petroleum, oil and lubricants (POL) imports constituted 31.4 per cent of total imports in the first half of 2011-12 due to high prices of crude oil.
Food and allied products comprised 3.1 per cent share;
Fertilizers: 1.7 per cent;
Capital Goods: 11.6 per cent;
Chemicals: 5.1 per cent;
Pearls, Precious Stones: 6.0 per cent;
Gold & Silver: 13.3 per cent; and
Electronic goods comprised a 7.2 per cent share of the total imports.

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