Explanation:

Spices Production In India

• Statement 1 is correct: India is the world's largest producer, consumer and exporter of spices.

Statement 2 is correct: Due to the varying climates - from tropical to subtropical to temperate-almost all spices grow splendidly in India.

• In reality almost all the states and union territories of India grow one or the other spices.
• Under the act of Parliament, a total of 52 spices are brought under the purview of the Spices Board.

Statement 3 is correct: Spices Board (Ministry of Commerce and Industry) is the flagship organization for the development and worldwide promotion of Indian spices.

• It was established by the Spices Board Act, 1986.
• In India, there are some states which grow the spices that have very high value in both national and international markets.
• The best example is Kashmiri saffron which is the world’s best saffron.
• The Kashmir saffron has got Geographical Indication (GI) tag status.

Spices Trade

• The export of spices contributes 41% of the total export earnings from all horticulture crops in the country.
• It ranks fourth among agricultural commodities, falling behind oly the marine products, non-basmati rice and basmati rice.

Hence option 4th is correct.