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Industrial Policy MCQ - Practice Questions with Answers

Solve 104 Industrial Policy questions for RAS/RPSC preparation.

Practice questions

Q1Consider 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?

A 1 only
B 1 and 2 only
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 listing appears on RIICO's Policies and Guidelines page, not the Rising Rajasthan downloads page. Therefore the correct combination is statements 1 and 2 only.

Q2Under 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
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.

Q3Match 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
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.

Q4With 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
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.

Q5Consider 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
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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More questions

6In RIPS 2024, which pair correctly matches Rajasthan's industrial infrastructure base?

A492 industrial areas and 90,250 acres
B392 industrial areas and 92,500 acres
C419 industrial areas and 72,500 acres
D419 industrial areas and 92,500 acres

7Assertion: For employment calculation under RIPS 2024, eligible production-line contract labour cannot exceed 40% of the total labour force. Reason: RIPS 2024 treats eligible production-line contract labour as unrestricted once the worker has completed six months. Choose the correct answer.

AThe Assertion is false, but the Reason is true
BBoth the Assertion and the Reason are true, and the Reason correctly explains the Assertion
CBoth the Assertion and the Reason are true, but the Reason does not correctly explain the Assertion
DThe Assertion is true, but the Reason is false

8Which sequence best captures the support path stated in the Rajasthan MSME Policy 2024 for Common Facility Centers?

AStartups raise equity on SME exchange platforms first, then receive incubation support, and finally set up Common Facility Centers without any government scheme link.
BMedium enterprises organise private testing labs first, then seek export promotion support, and finally apply under an exchange-listing window.
CMicro and small enterprises are supported for setting up Common Facility Centers under Central or State Government schemes.
DLarge enterprises create industrial parks first, then seek land conversion support, and finally claim technology acquisition reimbursement.

9Match the timeline entries for the 11th phase of RIICO's Direct Allotment Policy for RR MoU holders: 1. Opening time 2. Closing time Which matching is correct?

AOpening time: 16 June 2026 at 10 AM; Closing time: 3 June 2026 up to 6 PM
BOpening time: 3 May 2026 at 10 AM; Closing time: 16 May 2026 up to 6 PM
COpening time: 3 June 2026 at 10 AM; Closing time: 16 June 2026 up to 6 PM
DOpening time: 3 June 2026 at 6 PM; Closing time: 16 June 2026 up to 10 AM

10Assertion (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.

AThe Assertion is true, but the Reason is false
BBoth the Assertion and the Reason are true, but the Reason does not correctly explain the Assertion
CBoth the Assertion and the Reason are true, and the Reason correctly explains the Assertion
DThe Assertion is false, but the Reason is true

11Match List I (4G Pillar of Rajasthan Industrial Development Policy 2026) with List II (Key Feature) and select the correct code: List I A. Green B. Governance C. Growth D. Globalisation | List II 1. Single-window time-bound clearance and digital land-bank portal 2. Common Effluent Treatment Plants and Integrated Resource Recovery Parks 3. Country-specific investment desks and Rajasthan Export Development Authority 4. Targeted incentives for semiconductors, data centres, GCCs and green hydrogen

AA-1, B-2, C-3, D-4
BA-2, B-1, C-4, D-3
CA-3, B-4, C-1, D-2
DA-4, B-3, C-2, D-1

12With 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?

A1, 2 and 3
B2 and 3 only
C1 only
D1 and 2 only

13Match the RIICO administrative setup item with the figure stated by RIICO: List I 1. Regional offices across Rajasthan for administering development and management of industrial areas List II A. 31 B. 33 C. 35 D. 39 Which is the correct match?

ARegional offices - 39
BRegional offices - 31
CRegional offices - 33
DRegional offices - 35

14According to the Rajasthan MSME Policy 2024, who chairs the district-level dispute redressal committee created in each district?

ASub-Divisional Officer
BDistrict Collector
CDistrict Industries Centre General Manager
DRajasthan State Industrial Development and Investment Corporation regional officer

15Match the RIPS 2024 project type with the event treated as commencement: List I 1. Industrial park 2. Logistics park 3. Multimodal logistics hub 4. Plug-and-play office complex or IT park List II a. Handing over possession to the first unit sold or leased b. Date of the first retail sale to consumers c. Date of the first import consignment d. Date of the first lease deed drafted but not possessed Choose the correct code.

A1-b, 2-a, 3-d, 4-c
B1-a, 2-b, 3-c, 4-d
C1-c, 2-d, 3-a, 4-b
D1-a, 2-a, 3-a, 4-a

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