Economics · Indian Economy and Economic Survey
Which of the following statements regarding the Indian textile industry is NOT correct as per Economic Survey data?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1India holds roughly a 4 percent share in global trade in textiles and apparel.
- 2India is among the world's leading exporters of textiles and apparel.
- 3It accounts for about 16 percent of India's manufacturing Gross Value Added (GVA).✓
- 4The Textile industry is a major employment generator in India.
Correct answer
It accounts for about 16 percent of India's manufacturing Gross Value Added (GVA).
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 Indian Economy and Economic Survey MCQs →Want more practice questions on Indian Economy and Economic Survey?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Indian Economy and Economic Survey