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Question

Difficulty: MediumExplicit and Fact-Based Information Extraction

Passage: In January 2026, the Ministry of Micro, Small and Medium Enterprises introduced the Green Technology Adoption Scheme (GTAS). Under GTAS, micro-enterprises purchasing energy-efficient machinery receive a 35% direct capital subsidy capped at ₹15 lakh per unit, provided they have been operationally active for at least three consecutive financial years prior to application. Small and medium enterprises receive a lower capital subsidy of 20%, capped at ₹25 lakh, but are exempt from the three-year operational history requirement if registered on the Udyam portal before December 2025.

Statement: According to the passage, a small enterprise registered on the Udyam portal in November 2025 can receive a 20% capital subsidy under GTAS without having completed three consecutive financial years of operation.

Answer: Answer

Answer

The statement is True. The passage explicitly exempts small and medium enterprises from the three-year operational history requirement if they registered on the Udyam portal before December 2025, allowing a small enterprise registered in November 2025 to claim the 20% capital subsidy.
The statement is correct because the passage explicitly states that small enterprises registering on the Udyam portal prior to December 2025 are exempt from the three-year operational history requirement while remaining eligible for the 20% capital subsidy.

Step-by-Step Solution

1
Locate the specific rules for small and medium enterprises in the GTAS passage.
Small and medium enterprises receive a 20% capital subsidy capped at ₹25 lakh.
This establishes the basic financial criteria for small enterprises under the scheme.
2
Check the operational history requirement and its exceptions.
Small enterprises are exempt from the three-year operational history requirement if registered on the Udyam portal before December 2025.
This identifies the explicit conditional clause governing eligibility exemptions.
3
Compare the parameters in the statement against the passage facts.
The enterprise in the statement is a small enterprise registered in November 2025 (which is before December 2025) and lacks three years of operation. It satisfies all explicit conditions for the exemption.
Matching the statement's facts to the explicit text confirms that the statement is accurate.

Key Concept

Explicit Fact Extraction and Conditional Exemption Analysis
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Topics

Explicit and Fact-Based Information Extraction

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