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Test: Haryana Trade and Commerce - HPSC (Haryana) MCQ


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10 Questions MCQ Test - Test: Haryana Trade and Commerce

Test: Haryana Trade and Commerce for HPSC (Haryana) 2024 is part of HPSC (Haryana) preparation. The Test: Haryana Trade and Commerce questions and answers have been prepared according to the HPSC (Haryana) exam syllabus.The Test: Haryana Trade and Commerce MCQs are made for HPSC (Haryana) 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Haryana Trade and Commerce below.
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Test: Haryana Trade and Commerce - Question 1

What incentive does the Haryana government propose for Micro and Small Enterprises in 'C' and 'D' category blocks?

Detailed Solution for Test: Haryana Trade and Commerce - Question 1
The Haryana government proposes a power tariff subsidy at a rate of Rs two per unit for three years for Micro and Small Enterprises in 'C' and 'D' category blocks, as per the trade and commerce policy. This incentive aims to support the growth of industries in these blocks.
Test: Haryana Trade and Commerce - Question 2

What is the significance of the Haryana Vat Act?

Detailed Solution for Test: Haryana Trade and Commerce - Question 2
The Haryana Vat Act governs the value-added tax (VAT) and central sales tax (CST) in the state. Dealers can register under both the Haryana Vat Act and the Central Sales Tax Act simultaneously or separately, indicating its role in regulating taxation related to commerce.
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Test: Haryana Trade and Commerce - Question 3

What is the objective of Haryana's new industrial policy, "Enterprises Promotion Policy 2015"?

Detailed Solution for Test: Haryana Trade and Commerce - Question 3
The objective of Haryana's new industrial policy, "Enterprises Promotion Policy 2015," is to attract investments of over Rs 1 lakh crore, create four lakh jobs, and enhance the competitiveness of industries in the state. The policy aims to accelerate economic growth and foster a business-friendly environment.
Test: Haryana Trade and Commerce - Question 4
What is the purpose of the four new quality marking and testing centers in Haryana?
Detailed Solution for Test: Haryana Trade and Commerce - Question 4
The purpose of the four new quality marking and testing centers in Haryana is to ensure quality standards for mechanical, electrical, and plastic products. These centers contribute to maintaining and improving the quality of products manufactured in the state.
Test: Haryana Trade and Commerce - Question 5
What is the role of the Industries & Commerce Department in Haryana?
Detailed Solution for Test: Haryana Trade and Commerce - Question 5
The Industries & Commerce Department in Haryana plays a crucial role in the development and promotion of industries in the state. It serves as the nodal department to facilitate entrepreneurs in setting up industries, providing information on land availability, procedures for land allotment, incentives, pollution control, and other clearances. The department acts as a motivator and provides a policy framework for the industrial sector's growth.
Test: Haryana Trade and Commerce - Question 6
What is the objective of the Haryana Industries & Commerce Department's online clearance system, eBiz Haryana portal?
Detailed Solution for Test: Haryana Trade and Commerce - Question 6
The objective of the eBiz Haryana portal is to promote transparency and provide online clearances for industries. It is part of the Haryana government's efforts to streamline processes, reduce bureaucratic hurdles, and facilitate ease of doing business.
Test: Haryana Trade and Commerce - Question 7
What is the focus of the Haryana Enterprise Promotion Board (HEPB) under the trade and commerce policy?
Detailed Solution for Test: Haryana Trade and Commerce - Question 7
The Haryana Enterprise Promotion Board (HEPB) focuses on overseeing time-bound clearances, sanctioning special packages for mega projects, and clearing further policy initiatives under the trade and commerce policy. It plays a crucial role in facilitating the growth of industries in the state.
Test: Haryana Trade and Commerce - Question 8
What is the purpose of the Financial Incentives and No Enhancements Scheme (FINE) under the Haryana trade and commerce policy?
Detailed Solution for Test: Haryana Trade and Commerce - Question 8
The Financial Incentives and No Enhancements Scheme (FINE) under the Haryana trade and commerce policy aims to provide financial incentives to industries, reducing the cost of doing business. This initiative is designed to make industries more competitive and attract new investments.
Test: Haryana Trade and Commerce - Question 9
What is the significance of the Haryana government's subsidy for solar water pumps?
Detailed Solution for Test: Haryana Trade and Commerce - Question 9
The Haryana government's subsidy for solar water pumps aims to promote the use of solar energy in agriculture. This initiative encourages farmers to adopt sustainable practices and contributes to the overall promotion of renewable energy.
Test: Haryana Trade and Commerce - Question 10
Which international alliance has its headquarters in Gurgaon, Haryana, according to recent developments?
Detailed Solution for Test: Haryana Trade and Commerce - Question 10
According to recent developments, the International Solar Alliance (ISA) has its headquarters in Gurgaon, Haryana. The ISA is a partnership of solar-resource rich countries working towards promoting solar energy and sustainable development.
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