{"id":68339,"date":"2024-04-20T10:24:55","date_gmt":"2024-04-20T10:24:55","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=68339"},"modified":"2024-04-20T10:24:55","modified_gmt":"2024-04-20T10:24:55","slug":"the-meghalaya-industrial-development-corporation-midc-plays-a-role-in","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-meghalaya-industrial-development-corporation-midc-plays-a-role-in\/","title":{"rendered":"The Meghalaya Industrial Development Corporation (MIDC) plays a role in:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Developing industrial estates&#8221; option2=&#8221;Providing financial assistance to industries&#8221; option3=&#8221;plays a role in: a) Developing industrial estates b) Providing financial assistance to industries c) Promoting export-oriented industries&#8221; option4=&#8221;All of the above&#8221; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is: d) All of the above.<\/p>\n<p>The Meghalaya Industrial Development Corporation (MIDC) is a state government undertaking established in 1974 to promote industrial development in the state of Meghalaya. The MIDC plays a role in developing industrial estates, providing financial assistance to industries, and promoting export-oriented industries.<\/p>\n<p>The MIDC has developed a number of industrial estates in the state, including the Shillong Industrial Estate, the Tura Industrial Estate, and the Jowai Industrial Estate. These industrial estates provide infrastructure and facilities to industries, such as land, water, electricity, and roads.<\/p>\n<p>The MIDC also provides financial assistance to industries through a number of schemes, such as the Meghalaya State Industrial Development Fund (MSIDF) and the Meghalaya State Industrial Promotion Scheme (MSIPS). These schemes provide loans and grants to industries for setting up new units, expanding existing units, and modernizing existing units.<\/p>\n<p>The MIDC also promotes export-oriented industries by providing a number of services, such as market research, product development, and export marketing. The MIDC also organizes trade fairs and exhibitions to promote Meghalaya&#8217;s products in the international market.<\/p>\n<p>The MIDC&#8217;s role in promoting industrial development in Meghalaya has been significant. The MIDC has helped to create a number of jobs in the state and has contributed to the growth of the state&#8217;s economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Developing industrial estates&#8221; option2=&#8221;Providing financial assistance to industries&#8221; option3=&#8221;plays a role in: a) Developing industrial estates b) Providing financial assistance to industries c) Promoting export-oriented industries&#8221; option4=&#8221;All of the above&#8221; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[987],"tags":[],"class_list":["post-68339","post","type-post","status-publish","format-standard","hentry","category-meghalaya-gk-mcq","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Meghalaya Industrial Development Corporation (MIDC) plays a role in:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-meghalaya-industrial-development-corporation-midc-plays-a-role-in\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Meghalaya Industrial Development Corporation (MIDC) plays a role in:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Developing industrial estates&#8221; 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