Vehicle Discount Programs and Agriculture Fund

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Questions and Answers

What is the primary aim of the progressive expansion of the Central Sector Scheme under the Agriculture Infrastructure Fund?

To eliminate standalone secondary projects

To limit the scope of eligible farming projects

To enhance the attractiveness and inclusivity of agricultural financing (correct)

To reduce agricultural costs for farmers

Which of the following types of projects is specifically included in the list of eligible activities under the Agriculture Infrastructure Fund?

Personal farming equipment purchases

Residential housing projects for farmers

Integrated primary and secondary processing projects (correct)

Standalone secondary processing projects

Which component of PM KUSUM is allowed to converge with the Agriculture Infrastructure Fund?

Component-C

Component-D

Component-A (correct)

Component-B

How does the expansion of credit guarantee options through NABSanrakshan intend to impact Farmer Producer Organizations (FPOs)?

It seeks to increase their creditworthiness Signup and view all the answers

What impact is expected from integrating agricultural infrastructure development with sustainable clean energy solutions?

Improved sustainability in agricultural practices Signup and view all the answers

Which organization is proposed to extend AIF credit guarantee coverage for FPOs?

NABSanrakshan Trustee Company Pvt. Ltd. Signup and view all the answers

What type of projects are explicitly excluded from being covered under the Agriculture Infrastructure Fund?

Standalone secondary projects Signup and view all the answers

What is the purpose of allowing all eligible beneficiaries to create infrastructure under viable projects?

To promote community farming assets Signup and view all the answers

What is the main goal of the Skill India initiative regarding women's participation in the formal economy?

Increase women's participation to 60% Signup and view all the answers

What type of financial assistance has been approved by the Union Cabinet for the North Eastern Region's hydroelectric projects?

Central Financial Assistance towards equity participation Signup and view all the answers

What is the total financial outlay for the scheme dedicated to hydroelectric projects in the North Eastern Region?

Rs.4136 crore Signup and view all the answers

What is the cumulative hydro capacity target set under the scheme for the North Eastern Region?

15000 MW Signup and view all the answers

Which body is responsible for managing the project lifecycle of the Skill India initiative?

Skill India Digital Hub Signup and view all the answers

How long is the time period for the financial assistance scheme for hydroelectric projects?

FY2024-2025 to FY2031-32 Signup and view all the answers

What is the mechanism through which state governments are expected to participate in the hydroelectric projects?

Joint Venture Collaboration Signup and view all the answers

What percentage of the Gross Budgetary Support is allocated for the North Eastern Region?

10% Signup and view all the answers

What was the primary focus of the meeting discussed in the content?

To draw a strategy for executing previously made agreements in Emergency Management Signup and view all the answers

When is the next meeting of the Indo-Russian Joint Commission on Cooperation in Emergency Management scheduled?

2026 Signup and view all the answers

Which committee is responsible for the initial shortlisting of nominees for the National Awards to Teachers 2024?

Preliminary Search-cum Screening Committee Signup and view all the answers

Which organization organized the Animal Infectious Disease Prioritization Workshop?

Food and Agriculture Organization (FAO) Signup and view all the answers

Which significant agreement was made in December 2010 regarding Emergency Management?

Inter-Governmental Agreement (IGA) for cooperation Signup and view all the answers

Who inaugurated the Animal Infectious Disease Prioritization Workshop?

Dr. Abhijit Mitra Signup and view all the answers

What is Project Seabird known for?

Being the largest defense infrastructure project Signup and view all the answers

How many teachers were selected for the National Awards to Teachers 2024?

16 Signup and view all the answers

What discount is offered for a commercial cargo vehicle over 3.5 tonnes GVW scrapped by the owner within the last six months?

3% of the Ex-Showroom Price Signup and view all the answers

What is the discount percentage for a commercial cargo vehicle under 3.5 tonnes GVW when scrapped?

1.5% of the Ex-Showroom Price Signup and view all the answers

Which of the following is the condition for offering a discount on new passenger vehicles?

The owner must have scrapped the vehicle within the last six months. Signup and view all the answers

What is the maximum discount available for new passenger vehicles scrapped under the defined conditions?

Rs 20,000, whichever is less Signup and view all the answers

What additional discount has Mercedes Benz India offered for scrapped vehicles?

INR 25,000 Signup and view all the answers

What is the discount percentage for scrapping a commercial cargo vehicle over 3.5 tonnes GVW in exchange for a Traded Certificate of Deposit?

2.75% of the Ex-Showroom Price Signup and view all the answers

In the context of scrapping vehicles, how is the vehicle information updated in the system?

Automatically linked in the Vahan system. Signup and view all the answers

What is the total estimated cost of the three projects approved by the Cabinet for the Ministry of Railways?

Rs. 6,456 Crore Signup and view all the answers

Which type of vehicle receives a lower percentage discount of 1.25% when scrapped according to the Traded Certificate of Deposit?

Vehicles under 3.5 tonnes GVW Signup and view all the answers

How many new stations will be constructed as part of the railway projects?

14 Signup and view all the answers

Which states are covered by the railway projects approved by the Cabinet?

Odisha, Jharkhand, West Bengal, and Chhattisgarh Signup and view all the answers

What is the purpose of appointing Nodal Officers for Public Grievances?

To address grievances promptly and efficiently Signup and view all the answers

What was the grievance redressal timeline under the 2022 policy guidelines before it was updated?

30 days Signup and view all the answers

What is the impact of the railway projects on the existing network?

Increase by about 300 Kms Signup and view all the answers

How many villages will have enhanced connectivity due to the new line projects?

1,300 villages Signup and view all the answers

What is the expected additional freight traffic from the capacity augmentation works in MTPA?

45 MTPA Signup and view all the answers

Study Notes

Commercial Vehicles Discounts

Discounts apply for scrapping commercial cargo vehicles: 3% for vehicles over 3.5 tonnes GVW, 1.5% for those under 3.5 tonnes.
Discounts for purchasing new vehicles are available against Traded Certificates of Deposit from scrapped vehicles.
Additional discounts for commercial vehicles specifically include 2.75% for vehicles over 3.5 tonnes and 1.25% for those under.

Passenger Vehicles Discounts

Up to 1.5% of the Ex-Showroom Price or INR 20,000, whichever is lower, available for scrapping passenger vehicles within six months.
Scrapped vehicle details must be linked to the Vahan system.
Manufacturers like Mercedes Benz India offer supplementary discounts, e.g., INR 25,000 on certain models.

Agriculture Infrastructure Fund

The Union Cabinet approved enhancements to the Agriculture Infrastructure Fund to better support agricultural infrastructure projects.
Eligible beneficiaries can now create community farming assets through viable projects.
Integrated processing projects have been included in the list of eligible activities; standalone secondary projects are excluded.
Convergence of PM KUSUM Component-A with AIF aims to promote sustainable energy solutions in agriculture.
Financial assistance will extend credit guarantee coverage for Farmer Producer Organizations through NABSanrakshan.

Skill Development for Women

Direct Benefit Transfer (DBT) of INR 1,000/month for transport assistance to female trainees.
Aimed at increasing women’s participation in the formal economy from 37% to 60%, aligning with developed nations.

Hydro Electric Projects Support

Central Financial Assistance of INR 4,136 crore approved for Hydro Electric Projects in Northeastern Region.
Timeframe for the initiative is FY2024-2025 to FY2031-32, supporting about 15,000 MW cumulative hydro capacity.
Projects involve Joint Venture collaborations between state governments and Central Public Sector Undertakings.

Indian Railways Network Expansion

Three major railway projects with an estimated cost of INR 6,456 crore approved, covering seven districts across four states.
Projects will enhance railway connectivity by approximately 300 Kms, establishing 14 new stations.
Connectivity improvements will benefit 1,300 villages and about 11 lakh people, with additional freight capacity projected at 45 MTPA.

Public Grievance Handling Guidelines

Comprehensive guidelines issued to make grievance redressal more efficient and time-bound.
Nodal Officers will be appointed across ministries to handle public grievances promptly.
Reduction of grievance resolution timelines from 30 days to 21 days has been introduced.

Indo-Russian Emergency Management Cooperation

Meeting held to strategize on executing agreements from past Indo-Russian collaborations in emergency management.
Next Indo-Russian Joint Commission meeting scheduled in India for 2026, following the first meeting in 2016.

Animal Infectious Disease Workshop

Workshop on Animal Infectious Disease Prioritization held in New Delhi by the Food and Agriculture Organization.
Organized under the Department of Animal Husbandry & Dairying.

National Awards to Teachers 2024

Sixteen teachers selected for National Awards to Teachers 2024 through a two-step evaluation process involving preliminary screening and jury review.

Director General of Project Seabird

Vice Admiral Rajesh Dhankhar appointed as Director General of Project Seabird, recognized as the largest defense infrastructure initiative.

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Description

This quiz explores the various discount programs available for scrapping commercial and passenger vehicles, as well as enhancements to the Agriculture Infrastructure Fund. Learn about the percentage discounts for vehicles based on their weight, the linking of scrapped vehicles to the Vahan system, and the support for community farming assets. Test your knowledge on these crucial topics.