New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    What is the main objective of the Production Linked

    Incentive (PLI) Scheme?
    A To provide direct cash subsidies to businesses Correct Answer Incorrect Answer
    B To promote technological advancements and boost manufacturing in key sectors Correct Answer Incorrect Answer
    C To reduce corporate tax rates for large companies Correct Answer Incorrect Answer
    D To encourage businesses to relocate their headquarters to India Correct Answer Incorrect Answer
    E To impose higher import duties on foreign products Correct Answer Incorrect Answer

    Solution

    The Production Linked Incentive (PLI) Scheme is designed to promote technological advancements and boost manufacturing in key sectors, strengthening domestic production.

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