Examkin

Question

Difficulty: MediumExplicit and Fact-Based Information Extraction

Read the following passage carefully:

"In August 2025, the Inland Waterways Authority of India (IWAI) announced the Inland Waterways Development Scheme (IWDS) to modernize freight transport across National Waterway 1 (NW-1) and National Waterway 2 (NW-2). Under the framework, non-mechanized traditional cargo vessels are eligible for a 40% modernization subsidy, provided they operate exclusively on domestic routes and do not exceed a carrying capacity of 500 metric tonnes. Mechanized vessels and international transit vessels are explicitly excluded from this financial subsidy, though they remain eligible for reduced port fee tariffs. Furthermore, the subsidy is contingent upon vessel operators incorporating real-time AIS (Automatic Identification System) tracking units by December 2026. The IWAI clarified that while cargo vessels carrying agricultural produce receive priority terminal berth allocation, this priority status does not exempt them from mandatory safety inspections."

Based strictly on the passage above, which of the following requirements must a vessel satisfy to qualify for the 40% modernization subsidy?

  1. It must be a non-mechanized traditional vessel with a maximum capacity of 500 metric tonnes operating exclusively on domestic routes.Answer
  2. B
    It must be a mechanized cargo vessel operating on international transit routes with reduced port fee tariffs.
  3. C
    It must carry agricultural produce to gain exemption from mandatory safety inspections alongside berth priority.
  4. D
    It must be an international vessel that adopts real-time AIS tracking units before August 2025.

Answer

The vessel must be a non-mechanized traditional vessel with a maximum capacity of 500 metric tonnes operating exclusively on domestic routes.
The passage explicitly lists three conditions for receiving the 40% modernization subsidy: the vessel must be non-mechanized traditional cargo, operate exclusively on domestic routes, and have a carrying capacity not exceeding 500 metric tonnes.

Step-by-Step Solution

1
Identify the target information requested in the question stem.
The target details are the conditions required for a vessel to receive the 40% modernization subsidy.
Direct fact-based extraction requires locating the specific section of the text addressing subsidy eligibility criteria.
2
Scan the passage for explicit statements defining eligible vessels and required conditions.
The passage specifies that 'non-mechanized traditional cargo vessels are eligible for a 40% modernization subsidy, provided they operate exclusively on domestic routes and do not exceed a carrying capacity of 500 metric tonnes.'
Matching explicit qualifying statements eliminates options that introduce excluded categories or wrong parameters.
3
Verify negative constraints and exclusions mentioned in the passage.
Mechanized vessels, international transit vessels, and safety inspection exemptions are explicitly contradicted or restricted by the text.
Ensures that distractors misquoting passage facts or qualifications are ruled out.

Key Concept

Explicit and Fact-Based Information Extraction
Estimated Time:1m 30s
Rate this question

Topics

Explicit and Fact-Based Information Extraction

More questions from this topic