Bihar Special GK PYQ 320 of 603 · Economic Scenario · Scheme

In Bihar, name the scheme which aims at building up infrastructural facilities of a high standard, required for establishment of 'Export-oriented Units' –

  1. AIntegrated Infrastructural Development (IID)
  2. BExport Promotion Industrial Park (EPIP)
  3. CConcept of Build-Operate-Transfer (BOT)
  4. DSoftware / Hardware Technology Park (STP/HTP)

53rd to 55th B.P.S.C. (Pre) 2011

Show answer and explanation

Correct answer: (b) Export Promotion Industrial Park (EPIP)

Explanation

Under the aegis of the Ministry of Commerce and Industry, Government of India, and the Government of Bihar, an Export Promotion Industrial Park (EPIP) has been established at Hajipur as a multi-product export-processing zone for North Bihar. It focuses on developing the high-level infrastructure required for export-oriented units.

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