New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the primary objective of the Scheme for

    Strengthening the Medical Device Industry launched by the Union Minister for Chemicals and Fertilizers?
    A Promote medical device imports Correct Answer Incorrect Answer
    B Encourage foreign investments Correct Answer Incorrect Answer
    C Reduce import dependence and build local capacity Correct Answer Incorrect Answer
    D Provide tax rebates for medical devices Correct Answer Incorrect Answer
    E Establish a global marketing network Correct Answer Incorrect Answer

    Solution

    The scheme focuses on strengthening India's medical device industry by reducing import dependence, enhancing local manufacturing, and supporting skill development.

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