Economics · Economy
Consider the following statements regarding the Production Linked Incentive Scheme for Food Processing Industry (PLISFPI): Statement I: The scheme is a Central Sector Scheme aimed at enhancing value addition, promoting global food brands, and strengthening India's food processing sector. Statement II: The scheme is implemented by the Ministry of Commerce and Industry and focuses exclusively on large-scale food processing industries. Statement III: The scheme includes support for branding and marketing abroad, along with incentives for innovative and organic products of MSMEs. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Neither Statement II nor Statement III is correct.
- 2Only one of the Statements II and III is correct, and that explains Statement I.✓
- 3Both Statement II and Statement III are correct, but only one of them explains Statement I.
- 4Both Statement II and Statement III are correct, and both of them explain Statement I.
Correct answer
Only one of the Statements II and III is correct, and that explains Statement I.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economy MCQs →Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy