India Trade Deficit & PLI Scheme 📊 | GK MCQ 2026
📊 Test your knowledge with this important Daily Current Affairs MCQ!
Q. Despite policy initiatives like the Production Linked Incentive (PLI) scheme to boost domestic manufacturing, India’s external merchandise trade continues to face pressure primarily due to what factors?
Key concept: A persistent merchandise trade deficit can result from high import demand, especially for crude oil, electronics and gold, combined with export challenges such as global demand fluctuations and competitiveness pressures.
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Production Linked Incentive scheme, PLI scheme India, India merchandise trade deficit, Indian exports and imports, external trade India, crude oil imports, electronics imports India, global demand slowdown, export competitiveness, Indian economy MCQ, daily current affairs 2026, UPSC economy questions, Current Affairs Studio
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