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Consider the following statements : 1. Statement-I : India accounts for 3·2% of global export of goods. 2. Statement-II : Many local companies and…

IAS 2023Economics Economy

2023mcqhard
Consider the following statements :
  1. Statement-I : India accounts for 3·2% of global export of goods.
  2. 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?
Official previous-year question

Prelims GS Paper I · Held on 28 May 2023.

Options

  1. ABoth Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
  2. BBoth Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
  3. CStatement-I is correct but Statement-II is incorrect
  4. DStatement-I is incorrect but Statement-II is correct

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