Question

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?

Accepted Answer

D. Statement-I is incorrect but Statement-II is correct

Answer

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

Answer

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

Answer

C. Statement-I is correct but Statement-II is incorrect

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