The correct answer is Option 4. Explanation & Key Takeaways: India's Exports of goods: • As per the WTO data released in April 2019, for the year 2018, India’s share in global exports for merchandise was 1.7 % and in global imports was 2.6 %. • For the year 2018 for service sector, India’s share in global exports was 3.5 % and imports was 3.2 %.Hence statement I is incorrect. Production Linked Incentive (PLI) scheme: • The Production Linked Incentive (PLI) scheme is an initiative introduced by the Government of India to boost domestic manufacturing in various sectors and promote India as a global manufacturing hub. • The scheme aims to attract investments, generate employment, and enhance exports by providing financial incentives to eligible companies. • The scheme's primary objectives include: • Attracting investment • Enhancing production capabilities • Generating employment • Promoting exports • Many local companies and some foreign companies operating in India have taken advantage of India's 'Production-linked Incentive' scheme. Hence statement II is correct.