In Bihar, name the scheme which aims at building up infrastructural facilities of a high standard, required for establishment of ‘Export-oriented Units’

Integrated Infrastructural Development (IID)
Export Promotion Industrial Park (EPIP)
Concept of Build-Operate-Transfer (BOT)
Software/Hardware Technology Park (STP/HTP)

The correct answer is: B. Export Promotion Industrial Park (EPIP)

An Export Promotion Industrial Park (EPIP) is a special economic zone (SEZ) that is designed to promote exports. EPIPs typically offer a number of incentives to businesses, such as tax breaks, duty-free imports, and subsidized land. They also provide infrastructure such as roads, power, water, and telecommunications.

EPIPs are often located in areas with good transportation links to international markets. They can be a valuable tool for promoting economic development and attracting foreign investment.

The other options are incorrect because:

  • Integrated Infrastructural Development (IID) is a broader term that refers to the development of infrastructure in general, not just infrastructure for export-oriented units.
  • Concept of Build-Operate-Transfer (BOT) is a method of financing and constructing infrastructure projects, not a type of infrastructure project itself.
  • Software/Hardware Technology Park (STP/HTP) is a type of technology park that focuses on the development and commercialization of software and hardware products.
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