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Government SchemesMedium

Under the scheme, what is the minimum capacity prescribed for each nickel processing plant?

  1. A.30 kt
  2. B.40 kt
  3. C.50 kt
  4. D.60 kt

Correct answer

C. 50 kt

Explanation

The correct answer is 50 kt. The scheme funds four critical mineral processing plants in all. Two of them process nickel and each must have a minimum capacity of 50 kt, while the other two process lithium and each must have a minimum capacity of 30 kt. Option A, 30 kt, is the floor set for a lithium plant, not a nickel one, and is the distractor an aspirant is most likely to fall for. Options B and D, 40 kt and 60 kt, were not prescribed for either mineral. The capacity floors matter because support is capped by mineral too: Rs 900 crore for a nickel beneficiary against Rs 500 crore for a lithium beneficiary, the nickel cap being higher because the plants are larger. Cobalt is expected to come out as a by-product of nickel production, which adds a third critical mineral to the chain without a separate plant.

Read the full article: Cabinet Clears Rs 2,814 Crore Critical Mineral Capex Scheme

Q2.Government SchemesMedium

How are beneficiaries selected under the Capex Support Scheme to Promote Critical Mineral Processing?

  1. A.By lottery among all applicants
  2. B.Technical qualification followed by financial bidding, on the least-cost criterion
  3. C.First-come, first-served registration on a portal
  4. D.Nomination by the respective State governments
Show answer
Correct answer: B. Technical qualification followed by financial bidding, on the least-cost criterion

Selection runs in two stages. In the first, applications are examined for technical qualification, and only applicants who clear that stage may take part in the second stage of financial bidding.

Q3.Government SchemesMedium

As stated at the launch, the population of India aged 60 years and above is projected to reach what level by 2036?

  1. A.15 crore
  2. B.19 crore
  3. C.23 crore
  4. D.30 crore
Show answer
Correct answer: C. 23 crore

The Minister said that the number of people aged sixty and above in the country is projected to grow from roughly ten crore at the time of the last census year he cited to this figure by the middle of the next decade, and he used the projection to explain…

Q5.Government SchemesMedium

The Vayo Samman Rashtriya Abhiyan has been launched under which umbrella scheme?

  1. A.Atal Vayo Abhyuday Yojana
  2. B.Atal Pension Yojana
  3. C.Rashtriya Vayoshri Yojana
  4. D.Integrated Programme for Older Persons
Show answer
Correct answer: A. Atal Vayo Abhyuday Yojana

The campaign for intergenerational bonding was launched under this umbrella scheme of the Ministry of Social Justice and Empowerment, and the Union Minister described it as a meeting of the experience of elders and the energy of the young.