Skip to content
GK24
Prime
EconomyMedium

What rate of interest subvention is offered on eligible term loans under the scheme?

  1. A.2 per cent a year
  2. B.3 per cent a year
  3. C.5 per cent a year
  4. D.6 per cent a year

Correct answer

B. 3 per cent a year

Explanation

The correct answer is 3 per cent a year. The Interest Subvention Assistance component, for which 859 crore rupees has been provided, lowers the interest cost on eligible term loans by three percentage points a year. The loans covered are capital loans taken either to set up a wholly new container manufacturing facility, described as greenfield, or to expand the capacity of a unit that already exists, described as brownfield. Options A, C and D name rates that do not appear in the decision. The distinction between the greenfield and brownfield routes is itself examinable, since the scheme deliberately supports both rather than favouring new entrants alone. Aspirants should also connect the subvention with the second component, which bridges the running cost gap, because together they address both the capital cost and the operating cost of making containers in India.

Read the full article: Container Manufacturing Promotion Scheme Gets Rs 10,000 Crore

Practice Questions

Q3.EconomyHard

In which document was the scheme for container manufacturing first announced?

  1. A.The Union Budget 2026-27
  2. B.The Maritime India Vision
  3. C.The Economic Survey 2025-26
  4. D.The National Logistics Policy
Show answer
Correct answer: A. The Union Budget 2026-27

The Cabinet decision records that the scheme for container manufacturing had been announced in that budget, and the approval of 28 October 2026 is the step that turned the announcement into a sanctioned scheme with components and amounts.

Q4.EconomyMedium

For applicants approved under Round 4, the tenure of the PLI Scheme for Textiles has been extended up to which financial year?

  1. A.2029-30
  2. B.2030-31
  3. C.2031-32
  4. D.2033-34
Show answer
Correct answer: D. 2033-34

The extension is deliberately limited to companies approved under Round 4, and the reason given is practical: a manufacturer entering now needs a longer investment and operational horizon to build a plant and then scale up its capacity, which a shorter tenure would not allow.

Q5.EconomyMedium

The application portal for Round 4 of the PLI Scheme for Textiles will remain open during which period?

  1. A.1 October to 30 November 2026
  2. B.1 November to 31 December 2026
  3. C.1 December 2026 to 31 January 2027
  4. D.1 November 2026 to 31 March 2027
Show answer
Correct answer: B. 1 November to 31 December 2026

The Ministry of Textiles has set a two-month window in which the online portal will accept fresh applications under Round 4, and eligible companies have been asked to apply within that period in keeping with the scheme guidelines.