Q. With reference to Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS) consider the following statements:
1.Its aim is to strengthen the value chain for the manufacturing of electronic products in India. 
2.The Scheme is only applicable for target segments that constitute the supply chain of an electronic product under the Scheme.
Select the correct statements using the codes given below:

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Statement 1 and 2 are correct. SPECS aim is to strengthen the value chain for the manufacturing of electronic products in India. The Scheme is only applicable for target segments that constitute the supply chain of an electronic product under the Scheme.

Source: The Times of India