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Difficulty: EasyExplicit and Fact-Based Information Extraction

Read the following passage carefully:

"In March 2026, the Ministry of Electronics and Information Technology (MeitY) launched the National Semiconductor Skill Mission (NSSM). Under this initiative, the Central Government provides 100% financial assistance for setting up specialized nanofabrication labs in public universities, whereas private institutions receive a 50% matching grant. The mission explicitly excludes non-degree vocational training institutes from receiving infrastructure funds. Furthermore, all participating public and private institutions must submit audited annual reports within 60 days of the fiscal year end."

Based on the passage provided, which of the following statements are correct?

  1. Public universities receive 100% financial assistance from the Central Government for establishing nanofabrication labs.Answer
  2. B
    Non-degree vocational training institutes are eligible to receive infrastructure funds under the mission.
  3. All participating institutions are required to submit audited annual reports within 60 days of the fiscal year end.Answer
  4. D
    Private institutions receive 100% matching grants for establishing their specialized nanofabrication labs.

Answer

The statements confirming that public universities receive 100% financial assistance for nanofabrication labs and that all participating institutions must submit audited annual reports within 60 days are correct.
The passage directly verifies two explicit facts: public universities get 100% financial assistance for nanofabrication labs, and all participating institutions must submit audited annual reports within 60 days of the fiscal year end.

Step-by-Step Solution

1
Identify key facts regarding financial support for public universities in the passage.
The text explicitly states that the Central Government provides 100% financial assistance for public universities.
Direct text extraction verifies the accuracy of the statement regarding public university funding.
2
Check the condition for non-degree vocational training institutes.
The text states the mission 'explicitly excludes non-degree vocational training institutes from receiving infrastructure funds'.
Verifies that claiming eligibility for non-degree vocational institutes contradicts explicit text.
3
Check the reporting timeframe requirement for participating institutions.
The passage states that all participating institutions must submit audited annual reports within 60 days of the fiscal year end.
Direct factual extraction confirms the 60-day reporting timeframe.

Key Concept

Explicit and Fact-Based Information Extraction
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Topics

Explicit and Fact-Based Information Extraction

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