Q. Consider the following statements:
1.India is the largest exporter of apparels globally.
2.Textile sectors in one of the sectors covered under the Production-Linked Incentive (PLI) scheme.
Which of the statement(s) given above is/are correct?
Answer: B
Notes:
Explanation –
Statement 1 is incorrect. India is not the largest exporter of apparels globally. India is the fourth-largest exporter of garments globally.
Statement 2 is correct. The textile sector is covered under the Production-Linked Incentive (PLI) scheme, which aims to promote the production of high-value MMF (Man-Made Fiber) fabrics, garments, and technical textiles in the country.
Source: AIR
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