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Industrial Policy MCQ — 104 Practice Questions with Answers

Industrial Policy is a Economy of Rajasthan topic in the RAS/RPSC syllabus. This page gathers exam-style Industrial Policy multiple-choice questions with correct answers and explanations, so aspirants can test recall and revise frequently examined concepts.

Practice 104 Industrial Policy multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

104 Questions Economy of Rajasthan

Reviewed by: Aspirant Academy Editorial Team

Practice Questions

Q1. Consider 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 cited listing is on the Rising Rajasthan downloads page. Which statements are correct?

A 1 only
B 1 and 2 only Correct
C 2 and 3 only
D 1, 2 and 3

Explanation

Statement 1 is correct because RIICO's Policies and Guidelines page lists RIPPP 2026 Procedural Guidelines. Statement 2 is correct because the order date attached to that listing is 12 May 2026. Statement 3 is wrong because the cited source for this fact is RIICO's Policies and Guidelines page, not the Rising Rajasthan downloads page. Therefore the correct combination is statements 1 and 2 only.

Q2. Under the Rajasthan Investment Promotion Scheme 2024, how are new investments made after the launch of the policy treated for application purposes?

A They must apply under the previous MSME policy only
B They may apply only under RIPS 2024 Correct
C They may choose between RIPS 2019 and RIPS 2024
D They are considered only after a separate cabinet approval

Explanation

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.

Q3. Match the green incentive item in the Rajasthan MSME Policy 2024 with the correct support rate: Green incentive item: Machinery and equipment using clean production technology Support rate: ?

A 100% of the cost of machinery and equipment
B 50% of the cost of machinery and equipment
C 25% of the cost of machinery and equipment
D 10% of the cost of machinery and equipment Correct

Explanation

The correct matching is clean-production technology machinery and equipment with 10% of the cost. The 25%, 50% and 100% rates are close numerical distractors, but they are not the support rate specified for machinery and equipment using clean production technology in the cited fact.

Q4. With reference to service sectors eligible for Sectoral Anchor benefits under RIPS 2024, consider the following statements: 1. IT & ITeS is listed as an eligible service sector. 2. FinTech is listed as an eligible service sector. 3. Film City is listed as an eligible service sector. Which of the statements given above are correct?

A 1 only
B 1 and 2 only
C 2 and 3 only
D 1, 2 and 3 Correct

Explanation

Statement 1 is correct because RIPS 2024 lists IT & ITeS among the service sectors eligible for Sectoral Anchor benefits. Statement 2 is correct because FinTech is also listed. Statement 3 is correct because Film City is included in the same eligible service-sector set. Therefore, the complete correct combination is 1, 2 and 3.

Q5. Consider the following statements about the District Level Task Force Committee under the Rajasthan MSME Policy 2024: 1. It is chaired by the District Collector. 2. If a nominee chairs it, the nominee must not be below ADM rank. 3. It is chaired by the Commissioner, Industries and Commerce. Which of the statements given above are correct?

A 2 and 3 only
B 1 and 3 only
C 1, 2 and 3
D 1 and 2 only Correct

Explanation

Statement 1 is correct because the District Collector chairs the District Level Task Force Committee. Statement 2 is also correct because a nominee may chair it only if the nominee is not below ADM rank. Statement 3 is wrong because the Commissioner, Industries and Commerce is not named as chair of this district-level committee in the cited fact.

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Frequently Asked Questions

How many Industrial Policy MCQ questions are available?
There are 104 Industrial Policy practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.
Are answers and explanations provided for Industrial Policy MCQs?
Yes, every Industrial Policy question comes with the correct answer and a detailed explanation to help you understand the underlying concept.
How is Industrial Policy relevant to the RAS/RPSC exam?
Industrial Policy falls under the Economy of Rajasthan section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.
Can I practice Industrial Policy questions in Hindi?
Yes, Aspirant Academy offers bilingual support. You can practice Industrial Policy MCQs in both English and Hindi, including questions, options, and explanations.

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