New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    The Ministry of Heavy Industries launched the PM E-DRIVE

    Scheme with the goal of accelerating electric vehicle (EV) adoption in India. Which of the following is NOT a focus area for investment under this scheme?
    A Subsidizing emerging EV categories such as e-2Ws and e-3Ws. Correct Answer Incorrect Answer
    B Installing fast charging infrastructure across major highways and cities. Correct Answer Incorrect Answer
    C Supporting the procurement of electric trucks used for industrial goods transportation. Correct Answer Incorrect Answer
    D Establishing an integrated EV battery recycling system across major automotive hubs. Correct Answer Incorrect Answer
    E Incentivizing the scrapping of old state transport utility (STU) buses to be replaced with electric buses. Correct Answer Incorrect Answer

    Solution

    While the scheme covers subsidies, infrastructure development, and scrapping incentives, it does not explicitly focus on establishing EV battery recycling systems. The other options are part of the PM E-DRIVE Scheme.

    Practice Next