state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 Andhra Predesh GK Economy and Development
Regarding additional fiscal incentives for Micro and Small Enterprises (MSEs) in Andhra Pradesh MSME Policy, consider the following statements:
1. Reimbursement of Land Conversion Charges is limited to Rs.10.00 lakhs for all category entrepreneurs.
2. Net SGST reimbursement is applicable for 5 years or up to 100% of fixed capital investment, whichever is earlier.
3. Electricity Duty reimbursement is provided at Rs.2.00 per unit for a period of three years.
4. 50% of Technology Upgradation and Acquisition costs are reimbursed, capped at Rs.25.00 lakhs.
Which of the statements given above are correct?
1
1 and 3 only
2
1, 3 and 4 only
3
1, 2, and 4 only
4
1, 2, 3, and 4