Question
Which of the following statement is/are not correct
about the aims of Production-Linked Incentive (PLI) Scheme?Solution
In order to boost domestic manufacturing and cut down on import bills, the union government in March 2020 introduced a PLI scheme that aims to give companies incentives on incremental sales from products manufactured in domestic units. Apart from inviting foreign companies to set shop in India, the scheme also aims to encourage local companies to set up or expand existing manufacturing units. The Scheme has also been approved for sectors such as automobiles, pharmaceuticals, IT hardware including laptops, mobile phones telecom equipment, white goods, chemical cells, food processing, etc.
Which term best describes the penalty for early withdrawal from a fixed deposit?
The ‘INSPIRE’ program extends the existing perks, including preferential interest rates, priority banking services, and doorstep banking facilities,...
Dilip Asbe is the Chariman of which of the following organization?
The five-year plans in India laid down not only specific objectives to be attained in the five years of a plan, but also what was to be achieved over a ...
World Customs Organization (WCO) was established in?
Where is the headquarter of Hongkong and Shanghai Banking Corporation (HSBC Bank)?
Which initiative in Budget 2025-26 aims to develop cities as ‘Growth Hubs’?
Which Indian bank became the first to open an all-digital branch, where no human beings are employed for regular operations?
Who became the first Indian American to hold the position of President of the World Bank?
Which financial institution in India regulates and supervises the Primary Dealers (PDs) in government securities?
