Target Exam

CUET

Subject

Business Studies

Chapter

Business Environment

Question:

Read the following Case Study, answer the question.

Government of India has taken several measures to make the economy Rebust and to improve Business Environment. Production linked incentive (PLI) scheme has been launched as revalt of which manufacturing is picking up. India has become second largest manufacturer of mobile phones in the world. Indian economy has become fifth largest economy in the world surpassing UK. India has become a large defense equipment and arms manufacturer and is also an exporter of arms. The ease of doing business has also improved. According to IMF and World Bank India is one bright spot in a world hit by declining economies and business sentiment in era of pandemic. India successfully carried out largest Covid vaccination programme globally and also gave vaccine to other countries.

Recently, India has become an exporter of which of the following?

Options:

Laptops

PPE kits

Defence equipments

Mobile phones

Correct Answer:

Defence equipments

Explanation:

The correct answer is Option (3) → Defence equipments.

According to the case study, India has become a large defense equipment and arms manufacturer and is also an exporter of arms.