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Rajasthan Investment Promotion Scheme (RIPS) 2024 MCQ - Practice Questions with Answers

Solve 5 Rajasthan Investment Promotion Scheme (RIPS) 2024 questions for RAS/RPSC preparation.

Practice questions

Q1Consider the following statements about the architecture of the Rajasthan Investment Promotion Scheme 2024: 1. Tier-1 contains 7 standard incentive categories. 2. Tier-2 is organised around Green Growth, Export Promotion and Capability Development. 3. Tier-3 uses Silver, Gold and Platinum customized packages. Which of the statements given above are correct?

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

All three statements directly describe the notified three-tier design. Tier-1 has 7 standard categories; Tier-2 adds incentives linked to the three named state priorities; and Tier-3 provides customized Silver, Gold and Platinum packages. Thus none of the statements has to be excluded, making option C correct.

Q2What is the operative period of the Rajasthan Investment Promotion Scheme 2024?

A From 8 October 2024 to 31 March 2029, or until a new policy is notified, whichever is earlier
B From 18 October 2024 to 31 March 2030, without any earlier-termination clause
C From 9 December 2024 to 31 December 2028, or until the summit concludes
D From 16 May 2025 to 31 March 2029, with no possibility of earlier replacement
Explanation

The Finance Department order commencing the policy is dated 8 October 2024. Its operative period extends to 31 March 2029, but the clause expressly allows it to end earlier if a new policy is notified. Therefore option A states both the correct dates and the qualifying condition.

Q3Which set correctly matches the minimum eligible fixed capital investment with the project segment under the Rajasthan Investment Promotion Scheme 2024?

A Manufacturing—₹25 crore; Services—₹50 crore; Research, global capability centres and test labs—₹10 crore
B Manufacturing—₹50 crore; Services—₹25 crore; Research, global capability centres and test labs—₹5 crore
C Manufacturing—₹50 crore; Services—₹10 crore; Research, global capability centres and test labs—₹25 crore
D Manufacturing—₹100 crore; Services—₹50 crore; Research, global capability centres and test labs—₹25 crore
Explanation

The entry threshold is ₹50 crore of eligible fixed capital investment for manufacturing and ₹25 crore for services. The lower ₹5 crore threshold applies to research, global capability centres and test laboratories. Option B alone preserves all three segment–threshold pairs without reversing or inflating them.

Q4Which one of the following statements about standard incentives under the Rajasthan Investment Promotion Scheme 2024 is incorrect?

A Eligible manufacturing and service units make a one-time irreversible choice among investment subsidy, capital subsidy and turnover-linked incentive.
B The standard investment subsidy reimburses 75% of state tax due and deposited for 7 years for manufacturing and services.
C Manufacturing capital subsidy ranges from 13% to 28%, while service capital subsidy ranges from 10% to 20% of eligible fixed capital investment.
D A manufacturing or service unit may freely switch between the three standard incentive routes every financial year.
Explanation

Option D is incorrect because the choice among investment subsidy, capital subsidy and turnover-linked incentive is made once and is irreversible; it is not an annual election. The other options correctly state the 75% reimbursement for 7 years and the 13–28% manufacturing and 10–20% service capital-subsidy ranges.

Q5Consider the following statements about administration and eligibility under the Rajasthan Investment Promotion Scheme 2024: 1. The Industries Department is the nodal coordinating, monitoring and implementing department. 2. The Finance Department has final authority in matters of interpretation. 3. Only investment made and employment generated in Rajasthan are counted. 4. Farmer producer organisations and cooperatives need at least 50 farmer members for the relevant incentives. How many of the above statements are correct?

A All four
B Only three
C Only two
D Only one
Explanation

All four statements are correct. The Industries Department performs the nodal implementation and monitoring role, while the Finance Department decides interpretation issues. Eligibility counts Rajasthan-based investment and jobs, and the relevant route for farmer producer organisations and cooperatives expressly requires at least 50 farmer members.

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