MCQ

Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM) MCQ - Practice Questions with Answers

Solve 5 Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPM) questions for RAS/RPSC preparation.

Practice questions

Q1Which sequence correctly describes the value chain supported by the sintered rare-earth permanent-magnet manufacturing scheme?

A Alloy → rare-earth oxide → metal → finished magnet

B Rare-earth oxide → metal → alloy → finished magnet

C Rare-earth ore → consumer electronics → alloy → finished magnet

D Metal → finished magnet → oxide → alloy

Explanation

The supported integrated midstream chain begins with conversion of rare-earth oxide into rare-earth metal. The metal is then converted into alloy, and the alloy is processed into a finished sintered magnet. Therefore, oxide → metal → alloy → finished magnet is the only correct sequence.

Q2What integrated manufacturing capacity does the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets aim to establish in India?

A 6,000 MTPA

B 1,200 MTPA

C 2,000 MTPA

D 500 MTPA

Explanation

The scheme targets 6,000 MTPA of integrated sintered rare-earth permanent-magnet manufacturing capacity in India. It covers the midstream chain from rare-earth oxide to metal, metal to alloy, and alloy to finished magnet, so 6,000 MTPA is the scheme-wide capacity figure.

Q3Consider the following statements about the scheme's selection process: 1. Each beneficiary may receive 600 to 1,200 MTPA capacity, in multiples of 100 MTPA. 2. Financial bids of all applicants are opened before technical evaluation. Which of the statements given above is/are correct?

A 1 only

B 2 only

C Both 1 and 2

D Neither 1 nor 2

Explanation

Statement 1 is correct: a beneficiary may be allocated 600–1,200 MTPA in 100-MTPA multiples. Statement 2 is incorrect because the Least Cost System uses technical and financial stages, and only the financial bids of technically qualified applicants are opened. Hence, only statement 1 is correct.

Q4Match List I with List II and select the correct answer using the code below: List I (bidder rank): 1. L1 2. L2 3. L3 4. L4 List II (assured IREL NdPr-oxide supply): a. 200 MTPA b. 167 MTPA c. 133 MTPA d. No assured allocation

A 1-a, 2-c, 3-b, 4-d

B 1-b, 2-a, 3-c, 4-d

C 1-a, 2-b, 3-d, 4-c

D 1-a, 2-b, 3-c, 4-d

Explanation

IREL's assured but limited NdPr-oxide supply is restricted to the three lowest bidders: 200 MTPA for L1, 167 MTPA for L2, and 133 MTPA for L3. L4 receives no assured allocation and must arrange its requirement independently. Therefore, the correct matching is 1-a, 2-b, 3-c, 4-d.

Q5Which one of the following correctly describes the scheme's seven-year tenure counted from the Letter of Award?

A 1-year gestation and 6 years of incentive disbursement

B 3-year gestation and 4 years of incentive disbursement

C 2-year gestation and 5 years of incentive disbursement

D 5-year gestation and 2 years of incentive disbursement

Explanation

The scheme runs for seven years from the Letter of Award. The first two years constitute the gestation period for creating the integrated manufacturing facility, followed by five years of incentive disbursement on sales of sintered rare-earth permanent magnets. Thus, the 2+5 division is correct.

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