CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many Investments Proposals are approved by the government of Rs.86, 824 cr for Electronics Manufacturing?
A
300
B
348
C
314
D
327
Explanation: 

Detailed explanation-1: -Govt approves 314 Investments Proposals of ∼ Rs 86,824cr for Electronics Manufacturing.

Detailed explanation-2: -M-SIPS was the first scheme under which the government wooed electronics manufacturing companies. New Delhi: The electronics and IT ministry has approved a total of 314 applications with proposed investments of Rs 86,824 crore under a modified special incentive package scheme till May 31, 2022, an official note said.

Detailed explanation-3: -The PLI for Large-Scale Electronics Manufacturing sector has attracted leading global players, including Foxconn, Samsung, Pegatron, Rising Star and Wistron while leading domestic companies, including Lava, Micromax, Optiemus, United Telelinks Neolyncs and Padget Electronics, have also participated in this scheme.

Detailed explanation-4: -There are three categories of these plans: (1) Incentive is proportional to extra output. (2) Incentive is proportionately at lower rate than increase in output. (3) Incentive is higher proportionately to rate of increase in output.

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