Vehicle Scrappage Policy Flashcards

1
Q

Launched

A

August 2021

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2
Q

Investor Summit was held in

A

Gujarat

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3
Q

What did the investor summit envisage to do

A

Invite investment for setting up vehicle scrappage infrastructure

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4
Q

Aim of the policy

A

1) Reduce old and defective vehicles
2) Bringing down air pollutants
3) Improving road and vehicular safety

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5
Q

_____% of the ex showroom price of the new vehicle will be given as an incentive

A

4-6%

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6
Q

___ % discount and tax rebate on new vehicles

A

5% against a scrapping certificate

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7
Q

____ fees may also be waived off on purchase of new vehicles

A

Registeration

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8
Q

____ vehicles over 15 years old will be scrapped

A

Commercial

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9
Q

Private vehicles over ___ years will be scrapped

A

20 years

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10
Q

The government wants ___ no. of Authorized Automated fitness test centers

A

718

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11
Q

First AFTC in the country

A

Mahindra and state owned MSTC

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12
Q

EOLV full form

A

End of life Vehicle

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13
Q

Road and highways and transport minister

A

Nitin Gadkari

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14
Q

What all will be tested

A

Emissions test, Braking System and Safety Components

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15
Q

Target of NEMMP

A

To achieve 6-7 million( 5-10%) sales of hybrid and electrical vehicles every year from 2020 onwards

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16
Q

What are xEVs

A

Hybrid and Electrical Vehicles

17
Q

How much does auto industry contribute to the GDP

A

22%

18
Q

India is the ___ largest vehicle manufacturer globally

A

6th

19
Q

____ liters of crude oil is expected to be saved

A

9500 Million ( worth 62,000 crores )