MCQ
Industrial Policy MCQ - Practice Questions with Answers
Solve 105 Industrial Policy questions for RAS/RPSC preparation.
Practice questions
Q1Assertion: Rising Rajasthan's downloads page lists Rajasthan Export Promotion Policy 2024 among current policy documents. Reason: The policy is listed there with the title Rajasthan Export Promotion Policy 2025. Choose the correct answer.
The Assertion is true because the sourced fact says the downloads page lists Rajasthan Export Promotion Policy 2024 among current policy documents. The Reason is false because it changes the year in the listed title to 2025, while the cited title carries 2024.
Q2For a unit claiming the Anchor Booster under RIPS 2024, arrange the eligibility checks in the logical order in which they must all hold: 1. The investment is in an eligible notified sector. 2. The unit falls among the first three mega or ultra-mega units in that specified sector. 3. The Anchor Booster rate is applied at 20%. Select the correct sequence.
The sequence that preserves the RIPS 2024 condition is: eligible notified-sector investment, then the limitation to the first three mega or ultra-mega units in the specified sector, and then the 20% Anchor Booster. Applying the rate before checking the notified sector or the first-three-unit limit reverses the eligibility logic, and starting with the unit limit before identifying the notified sector is incomplete.
Q3In RIPS 2024, which pair correctly matches Rajasthan's industrial infrastructure base?
The correct matching is 419 industrial areas with 92,500 acres, which is the industrial infrastructure base cited in RIPS 2024. Pairing 419 areas with 72,500 acres keeps the area count but changes the acreage; pairing 392 areas with 92,500 acres keeps the acreage but changes the area count; pairing 492 areas with 90,250 acres changes both figures.
Q4Consider the following Assertion and Reason about RIICO's industrial-policy role in Rajasthan. Assertion: RIICO has catalysed investment of around INR 9,865 crore in Rajasthan. Reason: This figure is reported by RIICO as an employment count, not an investment amount. Which of the following is correct?
The Assertion is true because RIICO reports catalysed investment of around INR 9,865 crore in Rajasthan. The Reason is false because the cited figure is an investment amount, not an employment count.
Q5Under the Rajasthan Investment Promotion Scheme 2024, how are new investments made after the launch of the policy treated for application purposes?
The deciding rule is that new investments made after the launch of the policy are eligible to apply only under RIPS 2024. Choosing between RIPS 2019 and RIPS 2024 contradicts that exclusivity. Routing such investments only through an MSME policy is not the rule tested here. Requiring a separate cabinet approval is also not stated in the cited RIPS 2024 fact.
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More questions
6In the rank order of contributors to India's GDP, which placement sequence correctly represents Rajasthan's position as described in RIPS 2024?
7Assertion (A): Under RIPS 2024, an MSME registered with the Government of India can access the manufacturing standard package at a lower minimum investment than the general standard manufacturing threshold. Reason (R): For such MSMEs, the minimum investment to avail the manufacturing standard package is INR 25 crore. Choose the correct answer.
8Consider the following statements about the sunrise-sector coverage under RIPS 2024 as described by Rising Rajasthan. 1. Aero & Space is included in the broadened sunrise-sector list. 2. Drones and Semiconductors are included in the broadened sunrise-sector list. 3. Ports and coastal shipping are included in the broadened sunrise-sector list. 4. Agri-Tech and Waste Recycling are included in the broadened sunrise-sector list. Which statements are correct?
9Consider the following statements about RIICO's policy listings. 1. RIPPP 2026 Procedural Guidelines are listed on RIICO's Policies and Guidelines page. 2. Their order date is 12 May 2026. 3. The listing is on the Rising Rajasthan downloads page. Which statements are correct?
10Match the RIPS 2024 sector description with its eligibility status for Sectoral Anchor benefits: List I 1. Electronics System Design and Manufacturing 2. Warehousing and logistics services List II X. Listed manufacturing sector eligible for Sectoral Anchor benefits Y. Not the manufacturing sector named in the supplied fact Choose the correct match.
11Consider the following statements about RIICO's net profit data: 1. RIICO reported ₹752.06 crore as net profit in FY 2022-23. 2. RIICO's FY 2022-23 net profit was ₹602.25 crore. 3. RIICO's FY 2022-23 net profit was below ₹700 crore. Which of the statements given above is/are correct?
12Under the Rajasthan Semiconductor Policy 2026, what additional state grant is offered as a share of the capital subsidy approved under the India Semiconductor Mission?
13For a compact policy note arranged from the broader policy reference to the specific listed feature, which sequence is consistent with Rising Rajasthan?
14With reference to RIPS 2024, consider the following statements about recognised industrial areas: 1. Seventeen RIICO parks are among the best-performing industrial areas recognised by the Government of India. 2. The total number of best-performing industrial areas in that recognised set is forty-one. 3. The recognised set is described as a list prepared by the Government of Rajasthan. Which of the statements given above are correct?
15For incentive purposes under RIPS 2024, manufacturing investments of INR 25 crore to INR 50 crore made by registered MSMEs are treated under which category?