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Question
Q. Consider the following statements regarding Mega Food Parks scheme:
Which of the statements given above is/are correct?
Q. Consider the following statements regarding Mega Food Parks scheme:
Which of the statements given above is/are correct?Open in App
Solution
The correct option is A
1 and 2 only
Explanation:
Mega Food Parks scheme was launched in September 2008 to provide state of the art infrastructure in food sorting,grading, processing, packaging, etc.
Statement 1 is correct: Mega Food Park Scheme functions on the Hub and Spoke model.
Statement 2 is correct: For Mega Food parks, credit can be obtained under PSL (It has been classified under agricultural activities).
Statement 3 is incorrect: 100% FDI is allowed in case of a food processing park.
1 and 2 only
Explanation:
Mega Food Parks scheme was launched in September 2008 to provide state of the art infrastructure in food sorting,grading, processing, packaging, etc.
Statement 1 is correct: Mega Food Park Scheme functions on the Hub and Spoke model.
Statement 2 is correct: For Mega Food parks, credit can be obtained under PSL (It has been classified under agricultural activities).
Statement 3 is incorrect: 100% FDI is allowed in case of a food processing park.
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