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Consider the following statements regarding the textile industry in India:
The textiles and apparel industry in India is the largest employer among all the sectors.
The Government targets to achieve US $100 billion in export for textile products by 2030.
USA was the top export destination of textiles during FY2022.
Which of the statements given above is/are correct?
- a)1 and 3 only
- b)2 and 3 only
- c)2 only
- d)1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding the textile industry in I...
The correct answer is option 'B'.
Explanation:
- The textile and apparel industry in India is indeed the largest employer among all sectors. It provides employment to a large number of people, especially in rural areas. This industry employs both skilled and unskilled workers and contributes significantly to the country's economy. Therefore, statement 1 is correct.
- The Government of India has set a target to achieve US $100 billion in exports for textile products by 2030. This target reflects the government's aim to promote the growth of the textile industry and increase its contribution to the country's GDP. Therefore, statement 2 is correct.
- However, it is incorrect to say that the USA was the top export destination of textiles during FY2022. The top export destinations for Indian textiles may vary year to year depending on various factors such as market demand, trade policies, and global economic conditions. Therefore, statement 3 is incorrect.
To summarize:
- Statement 1 is correct as the textile and apparel industry in India is the largest employer among all sectors.
- Statement 2 is correct as the Government of India has set a target to achieve US $100 billion in exports for textile products by 2030.
- Statement 3 is incorrect as the USA was not the top export destination of textiles during FY2022.
Therefore, the correct answer is option 'B' (2 and 3 only).
Explanation:
- The textile and apparel industry in India is indeed the largest employer among all sectors. It provides employment to a large number of people, especially in rural areas. This industry employs both skilled and unskilled workers and contributes significantly to the country's economy. Therefore, statement 1 is correct.
- The Government of India has set a target to achieve US $100 billion in exports for textile products by 2030. This target reflects the government's aim to promote the growth of the textile industry and increase its contribution to the country's GDP. Therefore, statement 2 is correct.
- However, it is incorrect to say that the USA was the top export destination of textiles during FY2022. The top export destinations for Indian textiles may vary year to year depending on various factors such as market demand, trade policies, and global economic conditions. Therefore, statement 3 is incorrect.
To summarize:
- Statement 1 is correct as the textile and apparel industry in India is the largest employer among all sectors.
- Statement 2 is correct as the Government of India has set a target to achieve US $100 billion in exports for textile products by 2030.
- Statement 3 is incorrect as the USA was not the top export destination of textiles during FY2022.
Therefore, the correct answer is option 'B' (2 and 3 only).
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Consider the following statements regarding the textile industry in India: The textiles and apparel industry in India is the largest employer among all the sectors. The Government targets to achieve US $100 billion in export for textile products by 2030. USA was the top export destination of textiles during FY2022. Which of the statements given above is/are correct?a)1 and 3 onlyb)2 and 3 onlyc)2 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding the textile industry in India: The textiles and apparel industry in India is the largest employer among all the sectors. The Government targets to achieve US $100 billion in export for textile products by 2030. USA was the top export destination of textiles during FY2022. Which of the statements given above is/are correct?a)1 and 3 onlyb)2 and 3 onlyc)2 onlyd)1, 2 and 3Correct answer is option 'B'. 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 regarding the textile industry in India: The textiles and apparel industry in India is the largest employer among all the sectors. The Government targets to achieve US $100 billion in export for textile products by 2030. USA was the top export destination of textiles during FY2022. Which of the statements given above is/are correct?a)1 and 3 onlyb)2 and 3 onlyc)2 onlyd)1, 2 and 3Correct answer is option 'B'. 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 regarding the textile industry in India: The textiles and apparel industry in India is the largest employer among all the sectors. The Government targets to achieve US $100 billion in export for textile products by 2030. USA was the top export destination of textiles during FY2022. Which of the statements given above is/are correct?a)1 and 3 onlyb)2 and 3 onlyc)2 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
Consider the following statements regarding the textile industry in India: The textiles and apparel industry in India is the largest employer among all the sectors. The Government targets to achieve US $100 billion in export for textile products by 2030. USA was the top export destination of textiles during FY2022. Which of the statements given above is/are correct?a)1 and 3 onlyb)2 and 3 onlyc)2 onlyd)1, 2 and 3Correct answer is option 'B'. 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 regarding the textile industry in India: The textiles and apparel industry in India is the largest employer among all the sectors. The Government targets to achieve US $100 billion in export for textile products by 2030. USA was the top export destination of textiles during FY2022. Which of the statements given above is/are correct?a)1 and 3 onlyb)2 and 3 onlyc)2 onlyd)1, 2 and 3Correct answer is option 'B'. 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 regarding the textile industry in India: The textiles and apparel industry in India is the largest employer among all the sectors. The Government targets to achieve US $100 billion in export for textile products by 2030. USA was the top export destination of textiles during FY2022. Which of the statements given above is/are correct?a)1 and 3 onlyb)2 and 3 onlyc)2 onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.
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