Multiple Choice Questions on Consider the following statements Statement I India accounts for 3 2 of global export of goods State........... for UPSC Civil Services Examination (General Studies) Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Consider the following statements :

    Statement-I : India accounts for 3.2% of global export of goods.

    Statement-ll : 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?

    This questions was previously asked in
    UPSC CSP Previous Year Paper (2023)

    Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I

    Incorrect Answer

    Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I

    Incorrect Answer

    Statement-I is correct but Statement-II is incorrect

    Incorrect Answer

    Statement-I is incorrect but Statement-II is correct

    Correct Answer
    Explanation:

    Statement-I is incorrect but Statement-II is correct


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