New SIDBI Grade A New Batch Starts on Nov 18

    Register

    Question

    Which of the following statements is/are correct in regards to the Economic survey of India 2022-23?

    1.    The Government approved the setting up of 5 PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks

    2.    The Overall Gross Value Added (GVA) by the Industrial Sector rose 3.7 per cent, based on data available for the first half of the FY23

    3.    The food processing industries  sector has been growing at an average annual growth rate  of around 8.3%

    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 2 & 3 Correct Answer Incorrect Answer
    E All Correct Answer Incorrect Answer

    Solution

    The Government approved the setting up of 7 PM Mega Integrated Textile Region and Apparel (PM MITRA) Parks and launched the Textile PLI Scheme with an approved outlay of ₹10,683 crore over five years starting from 1st January 2022 to promote investments. The Overall Gross Value Added (GVA) by the Industrial Sector rose 3.7 per cent, based on data available for the first half of the FY23, which is higher than the average growth of 2.8 per cent achieved in H1 of the last decade, stated the Economic Survey 2022-23 The food processing industries  sector has been growing at an average annual growth rate  of around 8.3%.

    Practice Next