Consider the following statements: Statement-I: India accounts for 3.2% of global export of goods. Statement-II: Many local companies and some foreign companies

Question

Consider the following statements:
Statement-I: India accounts for 3.2% of global export of goods.
Statement-II: Many local companies and some foreign companies operating in India have taken of India's Production-linked advantage Incentive' scheme.
Which one of the following is correct in respect of the above statements?

Accepted Answer

(D) Statement-I is incorrect but Statement-II

Answer

(A) Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I.

Answer

(B) Both Statement-I and Statement-II are correct and Statement-I is not the correct explanation for Statement-I.

Answer

(C) Statement-I is correct but Statement-II is