{"id":70794,"date":"2024-04-20T11:02:08","date_gmt":"2024-04-20T11:02:08","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=70794"},"modified":"2024-04-20T11:02:08","modified_gmt":"2024-04-20T11:02:08","slug":"the-north-east-industrial-development-scheme-neids-provides-incentives-to-industries-in-arunachal-pradesh-including","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-north-east-industrial-development-scheme-neids-provides-incentives-to-industries-in-arunachal-pradesh-including\/","title":{"rendered":"The North East Industrial Development Scheme (NEIDS) provides incentives to industries in Arunachal Pradesh, including:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Capital investment subsidy&#8221; option2=&#8221;Tax exemptions&#8221; option3=&#8221;Interest subsidy&#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 North East Industrial Development Scheme (NEIDS) is a scheme launched by the Government of India to promote industrial development in the North Eastern states of India. The scheme provides a number of incentives to industries in these states, including capital investment subsidy, tax exemptions, and interest subsidy.<\/p>\n<p>Capital investment subsidy is a financial assistance provided by the government to industries to cover a part of the cost of capital investment. This assistance is provided in the form of a grant or a loan at a concessional rate of interest.<\/p>\n<p>Tax exemption is a relief from payment of taxes, such as income tax, sales tax, and excise duty. This relief is provided to industries to encourage them to set up their units in the North Eastern states.<\/p>\n<p>Interest subsidy is a financial assistance provided by the government to industries to cover a part of the interest payable on loans taken from banks and financial institutions. This assistance is provided in the form of a grant or a loan at a concessional rate of interest.<\/p>\n<p>The NEIDS has been successful in attracting a number of industries to the North Eastern states. These industries have created employment opportunities for the local people and have also contributed to the economic development of the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Capital investment subsidy&#8221; option2=&#8221;Tax exemptions&#8221; option3=&#8221;Interest subsidy&#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":[974],"tags":[],"class_list":["post-70794","post","type-post","status-publish","format-standard","hentry","category-arunachal-pradesh-state-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 North East Industrial Development Scheme (NEIDS) provides incentives to industries in Arunachal Pradesh, including:<\/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-north-east-industrial-development-scheme-neids-provides-incentives-to-industries-in-arunachal-pradesh-including\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The North East Industrial Development Scheme (NEIDS) provides incentives to industries in Arunachal Pradesh, including:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Capital investment subsidy&#8221; 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