MCQ

Rare-earth permanent-magnet scheme MCQ - Practice Questions with Answers

Solve 1 Rare-earth permanent-magnet scheme questions for RAS/RPSC preparation.

Practice questions

Q1Consider the following statements about the scheme to promote manufacturing of sintered rare-earth permanent magnets: 1. The total manufacturing capacity will be allocated to seven beneficiaries. 2. The scheme provides five years for establishing plants and two years of incentives on magnet sales. 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

Neither statement is correct. Capacity will be allocated to five beneficiaries, not seven. The seven-year scheme allows two years for establishing integrated plants and five years of incentives on magnet sales.

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