A
Total accumulated fixed assets owned by a company overseas
B
Subsidies calculated entirely on total raw material consumption volumes
C
Incremental sales achieved over a designated base year threshold
D
Fixed government grants given prior to commencing any commercial production
Correct answer: (c) Incremental sales achieved over a designated base year threshold
Explanation
Option C is correct because PLI performance benchmarks rely on incremental sales growth achieved over a base year. Options A, C, and D misrepresent the incentive formula.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.