Consider the following statements: Statement-I: India accounts for 3.2% of global export of goods.…

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

Solution

Per the official UPSC key, the answer is A. India's share of global goods exports is ~1.8%, not 3.2% — Statement-I is factually doubtful; most coaching keys marked D.

Asked in: UPSC Prelims 2023

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