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Which of the following is TRUE about the Rajasthan Investment Promotion Scheme (RIPS) 2019?

hard Q10 of 15
Current Affairs - Rajasthan Schemes & Governance
Which of the following is TRUE about the Rajasthan Investment Promotion Scheme (RIPS) 2019?
AIt provides incentives for both new and existing industries including MSMEs
BIt offers capital subsidy only to large industries above 1000 crore investment
CIt excludes renewable energy projects from incentives
DIt mandates 100% local ownership for all industries
Step-by-Step Solution
  1. Step 1: Understand the scope of RIPS 2019

    RIPS 2019 provides incentives to both new and existing industries, including MSMEs.
  2. Step 2: Analyze options

    Capital subsidy is not limited to large industries; renewable energy projects are included; local ownership is not mandated.
  3. Step 3: Eliminate incorrect options

    Options stating capital subsidy only for large industries, exclusion of renewable energy, or mandatory local ownership are false.
  4. Final Answer:

    It provides incentives for both new and existing industries including MSMEs → Option A
  5. Quick Check:

    It provides incentives for bot = correct ✅
Quick Trick: RIPS covers wide range of industries including MSMEs and renewables.
Common Mistakes:
MISTAKES
  • Believing incentives are only for large industries or exclude renewables.
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