Q. With reference to the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles in India (FAME India Scheme), consider the following statements:
1.The scheme only covers electric vehicles manufactured in India.
2.It provides financial support for the electrification of public and shared transportation, including electric and hybrid buses, electric three-wheelers, electric four-wheeler passenger cars, and electric two-wheelers.
Which of the statements given above is/are correct?
Answer: B
Notes:
Statement 1 is incorrect. The FAME India Scheme provides incentives for both electric vehicles manufactured in India and those imported into the country.
Statement 2 is correct. FAME Scheme provides financial support for the electrification of public and shared transportation, including electric and hybrid buses, electric three-wheelers, electric four-wheeler passenger cars, and electric two-wheelers. The scheme aims to reduce India’s dependence on fossil fuels and promote the use of clean and sustainable transportation. It provides financial incentives to both manufacturers and consumers of EVs.
Source: ForumIAS
