MCQ
Manufacturing Schemes MCQ - Practice Questions with Answers
Solve 1 Manufacturing Schemes questions for RAS/RPSC preparation.
Practice questions
Q1With reference to the Production Linked Incentive (PLI) scheme for the automobile and auto components sector, consider the following statements: 1. The scheme was approved in September 2021 with a budgetary outlay of Rs 42,500 crore. 2. Approved applicants reported Rs 25,938 crore of investment by 31 March 2026. Which of the statements given above is/are correct?
Explanation
PLI-Auto was approved on 23 September 2021 with a budgetary outlay of Rs 25,938 crore, not Rs 42,500 crore, which is the investment target set for 31 March 2027. Approved applicants actually reported Rs 44,326 crore of investment by 31 March 2026, not Rs 25,938 crore. Both statements are therefore incorrect.
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