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Consider the following statements:
1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.
2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.
3. India is the largest technical textile exporter in the world.
Which of the statements given above is/are correct?
- a)1 and 2 only
- b)2 only
- c)2 and 3 only
- d)1, 2 and 3
Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements:1. Government has dedicated 207 Harm...
Statement 1: Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.
This statement is correct. The Government of India has indeed dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles. These codes help in categorizing and monitoring the import and export data of technical textiles. By having specific codes for technical textiles, the government can easily track the trade in these products, provide financial support, and offer incentives to manufacturers in this sector.
Statement 2: Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.
This statement is correct. Technotex India is a flagship event organized by the Ministry of Textiles to promote and showcase the potential of technical textiles in India. The event brings together industry stakeholders, policymakers, and researchers to discuss the latest trends, innovations, and opportunities in the technical textile sector. It provides a platform for networking, knowledge sharing, and business collaborations.
Statement 3: India is the largest technical textile exporter in the world.
This statement is incorrect. While India is one of the major players in the global technical textile market, it is not the largest exporter. Countries like Germany, China, and the United States are known to be the largest exporters of technical textiles worldwide. However, India has been making significant progress in this sector and has been increasing its exports in recent years.
In conclusion, both statements 1 and 2 are correct, while statement 3 is incorrect. The government has dedicated HSN codes to technical textiles to monitor trade data and provide support to manufacturers. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textiles. However, India is not the largest exporter of technical textiles in the world.
This statement is correct. The Government of India has indeed dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles. These codes help in categorizing and monitoring the import and export data of technical textiles. By having specific codes for technical textiles, the government can easily track the trade in these products, provide financial support, and offer incentives to manufacturers in this sector.
Statement 2: Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.
This statement is correct. Technotex India is a flagship event organized by the Ministry of Textiles to promote and showcase the potential of technical textiles in India. The event brings together industry stakeholders, policymakers, and researchers to discuss the latest trends, innovations, and opportunities in the technical textile sector. It provides a platform for networking, knowledge sharing, and business collaborations.
Statement 3: India is the largest technical textile exporter in the world.
This statement is incorrect. While India is one of the major players in the global technical textile market, it is not the largest exporter. Countries like Germany, China, and the United States are known to be the largest exporters of technical textiles worldwide. However, India has been making significant progress in this sector and has been increasing its exports in recent years.
In conclusion, both statements 1 and 2 are correct, while statement 3 is incorrect. The government has dedicated HSN codes to technical textiles to monitor trade data and provide support to manufacturers. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textiles. However, India is not the largest exporter of technical textiles in the world.
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Consider the following statements:1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.3. India is the largest technical textile exporter in the world.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?
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Consider the following statements:1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.3. India is the largest technical textile exporter in the world.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.3. India is the largest technical textile exporter in the world.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.3. India is the largest technical textile exporter in the world.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?.
Consider the following statements:1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.3. India is the largest technical textile exporter in the world.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.3. India is the largest technical textile exporter in the world.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.3. India is the largest technical textile exporter in the world.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?.
Solutions for Consider the following statements:1. Government has dedicated 207 Harmonized System of Nomenclature (HSN) codes to technical textiles to help in monitoring the data of import and export, in providing financial support and other incentives to manufacturers.2. Technotex India is a flagship event organized by the Ministry of Textiles for the promotion of technical textile.3. India is the largest technical textile exporter in the world.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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