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Difficulty: HardExplicit and Fact-Based Information Extraction

Read the passage given below and answer the question that follows:

In September 2025, the Ministry of Mines notified the operational framework for the National Critical Minerals Recycling Scheme (NCMRS). Under the scheme, financial incentives of up to 20% of capital expenditure are provided exclusively to domestic recycling units processing e-waste for secondary extraction of lithium, cobalt, and rare earth elements (REEs). However, units utilizing imported electronic scrap as primary feedstock are ineligible for the capital grant, even if registered locally. Furthermore, the subsidy is capped at ₹50 crore per entity and is disbursed in three equal tranches: the first upon commissioning, the second after achieving 50% rated operational capacity within 12 months, and the final tranche upon achieving 100% capacity within 24 months. Failure to meet the 12-month benchmark results in the immediate forfeiture of the remaining tranches, without any provision for time extension.

Based strictly on the passage provided, which of the following statements is explicitly true regarding the National Critical Minerals Recycling Scheme (NCMRS)?

  1. Domestic recycling units extracting rare earth elements from e-waste can receive a capital expenditure subsidy capped at ₹50 crore.Answer
  2. B
    Locally registered recycling units using imported electronic scrap as primary feedstock qualify for half of the capital subsidy.
  3. C
    Units failing to hit the 50% capacity mark at 12 months are given a 6-month extension before their remaining tranches are forfeited.
  4. D
    The scheme grants financial incentives for secondary extraction of all non-ferrous metals including copper, aluminum, and zinc.

Answer

Domestic recycling units extracting rare earth elements from e-waste can receive a capital expenditure subsidy capped at ₹50 crore.
The correct answer accurately combines the explicitly stated facts: the scheme applies to domestic units processing e-waste for rare earth elements (among others) and caps the subsidy at ₹50 crore per entity.

Step-by-Step Solution

1
Identify the specific conditions and limits specified in the passage for NCMRS eligibility.
Incentives of up to 20% of capital expenditure (capped at ₹50 crore) are for domestic recycling units processing e-waste for lithium, cobalt, and rare earth elements.
To verify which option strictly matches explicit facts without extra assumptions or detail misreadings.
2
Cross-check each option against the explicit scope limiters and negations in the text.
Imported scrap users are ineligible (contradicting the partial qualification option). Failure at 12 months results in immediate forfeiture without extension (contradicting the 6-month extension option). Coverage is limited to specified minerals (contradicting the all non-ferrous metals option).
Eliminate options that misread explicit details or rely on external knowledge.
3
Confirm the fully supported factual option.
The statement regarding domestic units processing rare earth elements receiving up to ₹50 crore subsidy is explicitly supported by the text.
Ensure the chosen answer adheres strictly to passage text.

Key Concept

Explicit and Fact-Based Information Extraction
Estimated Time:2m 0s
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Topics

Explicit and Fact-Based Information Extraction

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