New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The Union Cabinet has approved the PM Electric Drive

    Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme aimed at promoting electric mobility. The scheme outlines various incentives and infrastructure developments to enhance EV adoption across India. Which of the following statements regarding the PM E-DRIVE Scheme is NOT correct?
    A The total financial outlay of the scheme is ₹10900 crore over two years. Correct Answer Incorrect Answer
    B ₹500 crore has been allocated for incentivizing e-trucks with mandatory scrapping certificates from Registered Vehicle Scrapping Facility (RVSF). Correct Answer Incorrect Answer
    C The scheme will install a total of 2000 fast chargers exclusively for e-buses in major cities and highways. Correct Answer Incorrect Answer
    D Aadhaar-authenticated e-vouchers will be provided to EV buyers for redemption at authorized dealers. Correct Answer Incorrect Answer
    E The scheme includes modernization of test agencies under the Ministry of Heavy Industries with a budget of ₹780 crore. Correct Answer Incorrect Answer

    Solution

    Under the PM E-DRIVE Scheme, ₹2000 crore has been allocated for the installation of 22,100 fast chargers for e-4Ws, 1,800 for e-buses, and 48,400 for e-2Ws/3Ws, not 2000 fast chargers exclusively for e-buses. The other statements are accurate based on the scheme details.

    Practice Next