Q131
The chief competitor of India in the field of lac is
A.
Thailand
AnswerB.
The United States of America
C.
Japan
D.
China
Answer: Option A
Solution
Answer: Option A
Solution:
The chief competitor of India in the field of lac is Thailand. India held virtual monopoly of lac until 1950 and accounted for about 85% of the world's production of sticklac. After 1950, Thailand became the main competitor of India.