MCQ Test: India Unveils Key Policies and Schemes Across Manufacturing, Social Welfare, and Infrastructure

1. What is the primary objective of the ₹7,280 crore scheme approved by the Union Cabinet regarding Sintered Rare Earth Permanent Magnets (REPMs)?

A) To increase import of REPMs for industrial use. B) To promote domestic manufacturing and establish an integrated REPM ecosystem in India. C) To fund research into alternative magnet materials that do not use rare earths. D) To export REPMs to other developing nations.

2. What is the targeted domestic capacity for Sintered Rare Earth Permanent Magnets (REPMs) under the newly approved scheme?

A) 2,000 metric tonnes per annum (MTPA) B) 4,500 metric tonnes per annum (MTPA) C) 6,000 metric tonnes per annum (MTPA) D) 8,000 metric tonnes per annum (MTPA)

3. The scheme to promote domestic manufacturing of REPMs aligns with India's Net Zero 2070 commitment and the 'Atmanirbhar Bharat' vision, and is critical for strengthening which key sectors?

A) Agriculture, food processing, and tourism. B) Electric vehicles, renewable energy systems, aerospace, and defence. C) Information technology, banking, and telecommunications. D) Pharmaceuticals, healthcare, and education.

4. What is the main purpose of the Tex-RAMPS (Textiles Focused Research, Assessment, Monitoring, Planning and Start-up) scheme?

A) To provide subsidies for cotton farmers. B) To promote research and innovation in the textile sector. C) To establish new textile mills in rural areas. D) To regulate the import of foreign textiles.

5. What is the corpus established under the new Research Development and Innovation (RDI) Scheme, launched in November 2025, to finance private-led R&D in sunrise sectors?

A) ₹50,000 crore B) ₹1 lakh crore C) ₹2 lakh crore D) ₹7,280 crore

6. Which significant policy shift was announced by Prime Minister Narendra Modi, citing the success of private entities in the space sector?

A) Opening up the agricultural sector for foreign direct investment. B) Privatization of all public sector banks. C) Opening up India's nuclear sector for private players. D) Deregulation of the pharmaceutical industry.

7. Which of the following is NOT a key pillar of the revamped Senior Citizen Scheme for 2025?

A) Enhanced pension support. B) Expanded healthcare coverage. C) Mandatory employment for senior citizens. D) High-return savings options.

8. When did the four new Labour Codes, consolidating 29 existing labour laws, come into effect?

A) November 26, 2024 B) November 21, 2025 C) December 1, 2025 D) January 1, 2026

9. What is a major concern raised by trade unions regarding the new Labour Codes?

A) They increase minimum wages significantly. B) They introduce mandatory profit-sharing for workers. C) They potentially weaken worker protections and increase thresholds for layoffs. D) They promote excessive unionization.

10. Which two major infrastructure projects, besides the Pune Metro Phase-2, were approved by the Union Cabinet to enhance railway connectivity?

A) High-speed rail corridors in Southern India. B) Multi-tracking railway projects in Maharashtra and Gujarat. C) Dedicated freight corridors in Eastern India. D) Electrification of all railway lines nationwide.

11. Which institution is associated with establishing India's first scientific model for the dignified recycling of National Flags and defence-grade fibres?

A) IIT Bombay B) IIT Madras C) IIT Delhi D) IISc Bangalore

12. What is the primary aim of the 'Federal $2,000 Deposit Scheme' for India?

A) To provide direct foreign aid to India. B) To offer consolidated financial support to beneficiaries under various welfare schemes. C) To fund infrastructure projects in federal states. D) To establish a new national bank for rural development.

ALL TN Comp Exams Prep

India Unveils Key Policies and Schemes Across Manufacturing, Social Welfare, and Infrastructure

Your Score: 0 / 0

1. What is the primary objective of the ₹7,280 crore scheme approved by the Union Cabinet regarding Sintered Rare Earth Permanent Magnets (REPMs)?

2. What is the targeted domestic capacity for Sintered Rare Earth Permanent Magnets (REPMs) under the newly approved scheme?

3. The scheme to promote domestic manufacturing of REPMs aligns with India's Net Zero 2070 commitment and the 'Atmanirbhar Bharat' vision, and is critical for strengthening which key sectors?

4. What is the main purpose of the Tex-RAMPS (Textiles Focused Research, Assessment, Monitoring, Planning and Start-up) scheme?

5. What is the corpus established under the new Research Development and Innovation (RDI) Scheme, launched in November 2025, to finance private-led R&D in sunrise sectors?

6. Which significant policy shift was announced by Prime Minister Narendra Modi, citing the success of private entities in the space sector?

7. Which of the following is NOT a key pillar of the revamped Senior Citizen Scheme for 2025?

8. When did the four new Labour Codes, consolidating 29 existing labour laws, come into effect?

9. What is a major concern raised by trade unions regarding the new Labour Codes?

10. Which two major infrastructure projects, besides the Pune Metro Phase-2, were approved by the Union Cabinet to enhance railway connectivity?

11. Which institution is associated with establishing India's first scientific model for the dignified recycling of National Flags and defence-grade fibres?

12. What is the primary aim of the 'Federal $2,000 Deposit Scheme' for India?

India Unveils Key Policies and Schemes Across Manufacturing, Social Welfare, and Infrastructure

Your Score: 0 / 0

1. What is the primary objective of the ₹7,280 crore scheme approved by the Union Cabinet regarding Sintered Rare Earth Permanent Magnets (REPMs)?

2. What is the targeted domestic capacity for Sintered Rare Earth Permanent Magnets (REPMs) under the newly approved scheme?

3. The scheme to promote domestic manufacturing of REPMs aligns with India's Net Zero 2070 commitment and the 'Atmanirbhar Bharat' vision, and is critical for strengthening which key sectors?

4. What is the main purpose of the Tex-RAMPS (Textiles Focused Research, Assessment, Monitoring, Planning and Start-up) scheme?

5. What is the corpus established under the new Research Development and Innovation (RDI) Scheme, launched in November 2025, to finance private-led R&D in sunrise sectors?

6. Which significant policy shift was announced by Prime Minister Narendra Modi, citing the success of private entities in the space sector?

7. Which of the following is NOT a key pillar of the revamped Senior Citizen Scheme for 2025?

8. When did the four new Labour Codes, consolidating 29 existing labour laws, come into effect?

9. What is a major concern raised by trade unions regarding the new Labour Codes?

10. Which two major infrastructure projects, besides the Pune Metro Phase-2, were approved by the Union Cabinet to enhance railway connectivity?

11. Which institution is associated with establishing India's first scientific model for the dignified recycling of National Flags and defence-grade fibres?

12. What is the primary aim of the 'Federal $2,000 Deposit Scheme' for India?

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