● Statement 1 is incorrect: The Production Linked Incentive Schemes for the electronics provides incentives or rebates to the manufactures on the incremental sales of the product in relation to a base year. It is an outcome-based scheme that seeks to provide incentives only after the production has been done and also aims to ensure higher rate of growth as incentives are not provided in case of lower growths. ● Statement 2 is incorrect: The production linked scheme for electronics is a WTO compliant scheme as the support or incentive provided in this scheme is not linked to any local value addition or the export. It focuses on the incremental sales with respect to the sale from a previous base year.
According to the 2011 census, what percentage of India's population is engaged in secondary work?
To levy green tax on vehicles a bill has been passed by which of these state governments?
The Ministry of Defense has approved the purchase of military equipment abroad, by the three banks, name them?
What significant economic forecast did UNCTAD make for India in 2024?
What new benchmark has the RBI proposed to replace MIBOR for the interest rate derivatives market?
What is Repo Rate?
By what percentage did India's core sector grow in May 2024 compared to the same period last year?
For the first time in India, the Kisan Diwas was celebrated on which of the following years?
Roaring Forty is
Which Indian state observes the Chapchar Kut festival in March, commemorating the conclusion of the jhum cultivation process?
