What is/are recent policy initiative(s) of Government of India to promote the growth of manufacturing sector? 1. Setting up of National Investment and Manufacturing Zones 2. Providing the benefit of single window clearance 3. Establishing the Technology A

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Q: 59 (IAS/2012)
What is/are recent policy initiative(s) of Government of India to promote the growth of manufacturing sector?
1. Setting up of National Investment and Manufacturing Zones
2. Providing the benefit of ’single window clearance’
3. Establishing the Technology Acquisition and Development Fund
Select the correct answer using the codes given below:

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,131,37,15,12,10,131

keywords: 

{'manufacturing sector': [0, 1, 0, 2], 'development fund': [0, 0, 0, 1], 'technology acquisition': [0, 0, 0, 1], 'manufacturing zones': [0, 0, 0, 1], 'national investment': [0, 0, 0, 1], 'growth': [1, 1, 1, 0], 'india': [8, 1, 7, 13], 'government': [5, 0, 0, 1]}

The correct answer is option 4, which states that all three initiatives - Setting up of National Investment and Manufacturing Zones, Providing the benefit of `single window clearance`, and Establishing the Technology Acquisition and Development Fund - are recent policy initiatives of the Government of India to promote the growth of the manufacturing sector.

Option 1 suggests that only the first initiative is recent. This is inaccurate because all three are recent initiatives.

Option 2 implies that only the second and third initiatives are recent. But this also leaves out the first initiative, which is a recent move.

Option 3 suggests that only first and third initiatives are recent. However, this also neglects the significance of the second initiative.

Thus, the correct answer is option 4 as it correctly identifies all three initiatives as recent moves by the Government of India to promote the growth of the manufacturing sector.

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