UPSC PRELIMS · ECONOMICS · INDUSTRY — PRODUCTION LINKED INCENTIVE
Consider the following statements : Statement-I : India accounts for 3.2% of global export of goods. Statement-II : Many local companies and some foreign companies operating in India have taken advantage of India's 'Production-linked Incentive' scheme. Which one of the following is correct in respect of the above statements?
Take a breath. Choose one. Press A–D on your keyboard if you like.
EXPLANATION
The statement about India's share of global goods exports is incorrect, while firms have benefited from the PLI scheme. Hence statement II alone is correct.
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