What is the primary goal of the Andhra Pradesh Industrial Development Policy, 2015-20?

To promote inclusivity in the education sector

To boost manufacturing and create modern infrastructure

To establish a new political party

What aspect does the Andhra Pradesh government emphasize in its industrial policy for sustainable growth?

Promotion of unsustainable industrial practices

Focusing solely on large-scale industries

Sustainable industrial growth with a focus on capacity building

Ignoring the importance of infrastructure development

What type of financial incentives are available for investors establishing industries in Andhra Pradesh under the Industrial Policy 2015?

Partial reimbursement of net VAT/CST or SGST

Full reimbursement of property tax

What specific fiscal benefits are acknowledged by the state government in Andhra Pradesh to enhance the competitiveness of local businesses?

Reimbursement of corporate taxes

Reimbursement of stamp duty and transfer duty for industrial land purchases

Subsidies on technology imports

Tax deductions for employee salaries

According to the Andhra Pradesh Innovation & Start-up Policy, what specific goal was set to be achieved by June 30, 2019, in terms of incubation spaces?

Develop 500 incubators/accelerators

Incubate 1,000 companies and start-ups

Establish 1 million sq ft of Incubation Space

Mobilize Rs 500 Cr of Venture Capital for Innovation

What is the main objective of the Visakhapatnam-Chennai Industrial Corridor (VCIC)?

Boosting agricultural productivity

Enhancing tourism in Andhra Pradesh

Facilitating the growth of industries and creating employment opportunities

Promoting traditional handicrafts in the region

What is the primary focus of the Government of India (GOI) in its strategic development plans related to industrial corridors and urban hubs?

Enhancing agricultural productivity

Building global standard industrial corridors

Promoting traditional handicrafts

What role has the Asian Development Bank (ADB) been assigned by the Government of India (GOI) in the development of the Eastern Coastal Economic Corridor (ECEC)?

Primary partner for developing urban housing projects

Leading agency for promoting tourism in the region

Main investor in agricultural initiatives

Primary partner for developing the ECEC

Where are the National Investment and Manufacturing Zones (NIMZs) planned to be established in Andhra Pradesh?

Yerpedu, Chittoor district, and Kanigiri, Prakasam District

Industrial Policy Free MCQ Practice Test with Solutions

	APPSC State Specific Preparation Course 128 docs\|94 tests

	APPSC State Specific Preparation Course 128 docs\|94 tests

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