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UPSC 2001: The Union Budget, 2000 awarded a Tax Holiday for the North-eastern Region to promote industrialisation for
(a)5 years
(b)7 years
(c)9 years
(d)10 years
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Not attemptedCorrect Answer: (d) 10 years
In his 2000-01 Budget speech, Finance Minister Yashwant Sinha announced a 10-year income-tax holiday for industries set up in growth centres and IIDCs in the North-Eastern Region to spur industrialisation. ([indiabudget.gov.in](https://www.indiabudget.gov.in/budget_archive/ub1999-2000/bs/bs28.htm?utm_source=openai))
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What is the correct answer to this UPSC 2001 Indian Economy question?▼
The correct answer is option (d): 10 years. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Fiscal Policy & Budget question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2001, GS Paper 1, as Question 80. It falls under Indian Economy > Fiscal Policy & Budget.
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 Fiscal Policy & Budget?▼
UPSC has asked 44 questions from Fiscal Policy & Budget (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.