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  9. Q98

NABARD Grade A (Assistant Manager) 2024 · Question 98 of 230

Passage: An industrial undertaking is classified as 'Expansion' when investment in new Plant & Machinery reaches a prescribed minimum proportion of total investment. SEZs encourage exports, investments, manufacturing and services with operational and fiscal incentives. An industrial unit shall be regarded as an 'Expansion' only if the expenditure on new Plant & Machinery (P&M) is at least ________ of the total investment in the unit.

Industrial expansion

  1. A10%
  2. B15%
  3. C20%
  4. D25%Correct
  5. E30%

Answer: D. 25%

Official answer key verified. Detailed explanation coming soon.

Source: NABARD Grade A 2024 PYQ ebook - Phase 1 & Phase 2 (Oliveboard) · memory-based

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