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    Question

    Consider the following statements in regards to the Economic Survey of India 2022-23:

    1. India became the second-largest mobile phone manufacturer globally
    2. Foreign Direct Investment flows into the pharma industry in India have increased by nearly four times.
    3. India became the 2nd largest automobile market (in Dec 2022), in terms of sales

    Which of the above given statements is/are correct?

    A 1 & 2 Correct Answer Incorrect Answer
    B 2 & 3 Correct Answer Incorrect Answer
    C 1 & 3 Correct Answer Incorrect Answer
    D All Correct Answer Incorrect Answer
    E none Correct Answer Incorrect Answer

    Solution

    India became the second-largest mobile phone manufacturer globally. Foreign Direct Investment (FDI) flows into the pharma industry in India have increased by nearly four times. India became the 3rd largest automobile market (in Dec 2022), surpassing Japan and Germany in terms of sales.

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