Bank Exams Exam  >  Bank Exams Questions  >  What is the primary goal of the government's ... Start Learning for Free
What is the primary goal of the government's incentive policy for electronic components manufacturing in India?
  • a)
    To reduce the production cost of smartphones
  • b)
    To decrease the number of electronic imports
  • c)
    To improve domestic value addition
  • d)
    To enhance international collaborations in technology
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the primary goal of the government's incentive policy for elec...
The main aim of the government's incentive policy is to significantly boost domestic value addition in the electronic components manufacturing sector. By increasing the value addition from the current 15-20% to between 30-40%, the policy seeks to enhance the competitiveness of Indian manufacturers and reduce reliance on imports. This initiative is critical for establishing India as a stronger player in the global electronics market while fostering local employment and production capabilities. An interesting fact is that the sector is projected to grow from a valuation of $101 billion in 2023 to $300 billion by 2025-26, showcasing the potential impact of this policy on the economy.
Explore Courses for Bank Exams exam
Question Description
What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer? for Bank Exams 2025 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Bank Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer?.
Solutions for What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Bank Exams. Download more important topics, notes, lectures and mock test series for Bank Exams Exam by signing up for free.
Here you can find the meaning of What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the primary goal of the government's incentive policy for electronic components manufacturing in India?a) To reduce the production cost of smartphonesb) To decrease the number of electronic importsc) To improve domestic value additiond) To enhance international collaborations in technologyCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Bank Exams tests.
Explore Courses for Bank Exams exam
Signup to solve all Doubts
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev