Civil Services Uttar Pradesh (उत्तर प्रदेश) PCS Mock Test Series 2025 General Knowledge Economy External Sector and Currency Exchange rate
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-ll is incorrect
4
Statement-I is incorrect but Statement-ll is correct