UPSC Previous Year Question | Prelims GS | 2023

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?

  1. Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
  2. Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
  3. Statement-I is correct but Statement-II is incorrect
  4. Statement-I is incorrect but Statement-II is correct

Answer

Correct Answer

Statement-I is incorrect but Statement-II is correct

Explanation

India's actual share of global goods exports is around 1.5-1.8%, not 3.2% (Statement-I false, that figure is closer to India's share in global GDP/other metrics). Many domestic and foreign companies have indeed availed the Production-Linked Incentive (PLI) scheme in India (Statement-II true).

Topics: anti defection law, parliament, polity, tenth schedule