MCQ
Scheme Incentives MCQ - Practice Questions with Answers
Solve 1 Scheme Incentives questions for RAS/RPSC preparation.
Practice questions
Q1Consider the following statements about the Mobile Phone Manufacturing Scheme: 1. The scheme will operate for five years from FY 2026-27 to FY 2030-31. 2. Both target segments may receive an additional incentive of up to 1.5% for domestic procurement of essential components and sub-assemblies, subject to the specified local-production condition. Which of the statements given above is/are correct?
Explanation
Both statements are correct. The five-year scheme runs from FY 2026-27 to FY 2030-31. Both target segments can receive up to 1.5% extra for domestic procurement when components are locally produced for at least 25% of the mobile phone units manufactured in a financial year.
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