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Consider the following statements regarding the Indian apparel industry:I. It is labour-intensive, with 30 per cent of costs from wages and only 2-3 per cent of costs are due to capital-intensive inputs like power. II. India is ceding market share in the global apparel industry to countries like Bangladesh and Vietnam.III. Formal sector apparel firms are about 15 times more productive than their informal sector counterparts.Q. Which of the following statement(s) is/are correct?a)Only Ib)I and IIc)II and IIId)All of the above ​Correct answer is option 'D'. 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 Indian apparel industry:I. It is labour-intensive, with 30 per cent of costs from wages and only 2-3 per cent of costs are due to capital-intensive inputs like power. II. India is ceding market share in the global apparel industry to countries like Bangladesh and Vietnam.III. Formal sector apparel firms are about 15 times more productive than their informal sector counterparts.Q. Which of the following statement(s) is/are correct?a)Only Ib)I and IIc)II and IIId)All of the above ​Correct answer is option 'D'. 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 Indian apparel industry:I. It is labour-intensive, with 30 per cent of costs from wages and only 2-3 per cent of costs are due to capital-intensive inputs like power. II. India is ceding market share in the global apparel industry to countries like Bangladesh and Vietnam.III. Formal sector apparel firms are about 15 times more productive than their informal sector counterparts.Q. Which of the following statement(s) is/are correct?a)Only Ib)I and IIc)II and IIId)All of the above ​Correct answer is option 'D'. Can you explain this answer?.

Solutions for Consider the following statements regarding the Indian apparel industry:I. It is labour-intensive, with 30 per cent of costs from wages and only 2-3 per cent of costs are due to capital-intensive inputs like power. II. India is ceding market share in the global apparel industry to countries like Bangladesh and Vietnam.III. Formal sector apparel firms are about 15 times more productive than their informal sector counterparts.Q. Which of the following statement(s) is/are correct?a)Only Ib)I and IIc)II and IIId)All of the above ​Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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