Consider the following statements regarding Agar wood 1. The agarwood tree oil is also known as liquid gold.2. IUCN has listed Agarwood under the critically endangered category. Which of the above statements is/are correct? |ForumIAS

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C

Notes:

Tripura government has come up with Tripura Agar Wood Policy 2021’, which proposed to double agar wood plantation by 2025.

About Agarwood:

The agarwood tree (Aquilaria malaccensis) oil is also known as liquid gold.
A litre of agar oil costs Rs 5 lakh in the global market. Agar is used in perfumeries and other industries
IUCN has listed it under the critically endangered category.

The agarwood tree is native to Northeast India, Bangladesh, Bhutan and parts of Southeast Asia.
It is an evergreen tree that can grow to 40 metres.

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