Economics · Economy
Consider the following statements with reference to India's economic strategy: I. Excessive protectionism can lead to inefficiency and loss of global competitiveness. II. Export-oriented growth has historically been the path for Asian economies like South Korea. III. The 'Make in India' programme has already increased the manufacturing sector's share to 30% of India's GDP. Which of the above statements is/are NOT correct?
- 1I, II, and III
- 2I and III only
- 3II and III only
- 4III only✓
Correct answer
III only
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