Question

    Which of the following statements about the STP

    (Software Technology Park) and EHTP (Electronic Hardware Technology Park) schemes is/are correct? 1. These schemes are under the Ministry of Electronics and Information Technology (MeitY). 2. The schemes promote the development of hardware and software for exports. 3. Units under these schemes are entitled to duty-free imports of capital goods. 4. The tenure of these schemes is currently inactive.
    A 1, 2, and 3 Correct Answer Incorrect Answer
    B 1 and 4 Correct Answer Incorrect Answer
    C 2 and 3 Correct Answer Incorrect Answer
    D 1, 2, 3, and 4 Correct Answer Incorrect Answer

    Solution

    Statements 1, 2, and 3 are correct. The schemes are overseen by MeitY, focus on promoting exports in software and electronics hardware, and offer duty-free import benefits. Statement 4 is incorrect as the tenure of these schemes is mentioned as "Active."

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