Q. Consider the following statements regarding Palm oil production and consumption in India:
1. India is the largest consumer of palm oil in the world
2. Palm oil production is leading to environmental issues such as deforestation and peat land conversion
3. Despite being second largest producer of palm oil, India is a net importer
Which of the above statements is/are correct?
Statement 3 is incorrect- Indonesia is the largest producer of palm oil, followed by Malaysia