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Question

The Union Finance Ministry has sanctioned an additional Rs 1,500 crore for the second phase of the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) programme. With respect to the information provided above, consider the following statements- 

I. The target to support the number of vehicles was raised from 1.65 million to 1.74 million. 

II. The target for electric two-wheelers (e2Ws) was raised to 2.55 million.

III. The target for buses was increased to 7,262 units from 7,090.

Which of the following statements is/are NOT TRUE? 

A Only I Correct Answer Incorrect Answer
B Only I & II Correct Answer Incorrect Answer
C Only II & III Correct Answer Incorrect Answer
D Only III Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Union Finance Ministry has sanctioned an additional Rs 1,500 crore for the second phase of the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) programme. By injecting supplementary funds, the government has raised its vehicle support objectives for all categories except buses. The target to support the number of vehicles was raised from 1.56 million to 1.74 million. The target for electric two-wheelers (e2Ws) was raised by 50 per cent to 1.55 million, while for e3Ws it was reduced by 68 per cent to 155,536. It was reduced for e4W by 13 per cent to 30,461.The target for buses was increased to 7,262 units from 7,090.

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