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UPSC 2002: In the year 2001, the Prime Minister announced a five-year excise-duty holiday for industries in
(a)Cyclone-prone coastal Andhra Pradesh
(b)Border states of the North-east
(c)Earthquake-ravaged Kutch district
(d)Recently formed states of Chhattisgarh and Jharkhand
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Not attemptedCorrect Answer: (c) Earthquake-ravaged Kutch district
After the devastating 26 January 2001 earthquake, Prime Minister A. B. Vajpayee announced a five-year excise-duty holiday to encourage new industries in Gujarat’s quake-ravaged Kutch district ([business-standard.com](https://www.business-standard.com/article/economy-policy/kutch-tax-holiday-not-to-affect-revenue-much-101060601056_1.html?utm_source=openai)). Hence option (c) is correct.
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Frequently Asked Questions
What is the correct answer to this UPSC 2002 Current Affairs question?▼
The correct answer is option (c): Earthquake-ravaged Kutch district. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Business & Economy question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2002, GS Paper 1, as Question 66. It falls under Current Affairs > Business & Economy.
What is the difficulty level of this UPSC question?▼
This question is rated "easy". It tests basic recall and most well-prepared aspirants should answer it correctly.
How many UPSC Prelims questions have been asked from Business & Economy?▼
UPSC has asked 26 questions from Business & Economy (under Current Affairs) across multiple years. Visit the topic page to see the full list and year-wise trends.