2026 Current Affairs practice question for SSC, UPSC. Select an option to check your answer, read the explanation and continue practicing.
Consider the following statements regarding the REPM manufacturing scheme: 1. It aims to build India's first integrated domestic manufacturing ecosystem for high-value magnets. 2. The scheme targets an annual production capacity of 6,000 MT. 3. Its value chain extends from rare-earth oxides to finished magnets. 4. The Ministry of Mines signed bilateral mineral cooperation agreements with Australia, Argentina and Zambia. 5. The initiative seeks to reduce import dependence and support sectors such as EVs, renewables, aerospace, defence and electronics. Which of the statements given above are correct?
Correct Answerसही उत्तर
D. 1, 2, 3, 4 and 5D. 1, 2, 3, 4 और 5
Explanationव्याख्या
All five statements are correct according to the source.
The Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets is designed to establish India's first integrated domestic manufacturing ecosystem for high-value magnets.
The Government approved more than ₹7,000 crore for this initiative.
The targeted production capacity is 6,000 metric tonnes per year, and the source specifically states that the scheme covers the complete value chain from rare-earth oxides to finished magnets.
Thus statements 1, 2 and 3 are correct.
The source also highlights the supply-chain dimension of the policy.
The Ministry of Mines signed bilateral mineral cooperation agreements with Australia, Argentina and Zambia.
These international arrangements are intended to help secure mineral supply chains, making statement 4 correct.
The scheme also has a strategic industrial objective.
It seeks to reduce India's import dependence, particularly dependence on China, while supporting electric vehicles, renewable energy, aerospace, defence and electronics.
It is additionally associated with energy transition, employment generation, Atmanirbhar Bharat and the Viksit Bharat 2047 vision.
Therefore statement 5 is correct.
The source also identifies Indian states possessing significant rare-earth reserves: Andhra Pradesh, Odisha, Tamil Nadu, Kerala, West Bengal, Jharkhand, Gujarat and Maharashtra.
Such minerals are reported mainly in beach sands, red sands and alluvium.
For revision, remember: ₹7,000+ crore → 6,000 MT
year → full value chain → rare-earth oxides to magnets → Australia, Argentina, Zambia → lower import dependence → EVs, renewables, aerospace, defence, electronics.
Competitive exams may change one partner country, production capacity or value-chain endpoint to create an incorrect statement.
In this question, however, every statement follows the source.
Therefore statements 1 through 5 are correct and option D is the answer.
सभी पाँच statements source के अनुसार सही हैं। Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets का उद्देश्य high-value magnets के लिए India का first integrated domestic manufacturing ecosystem establish करना है। Government ने initiative के लिए ₹7,000 crore से अधिक approve किए हैं। Targeted production capacity 6,000 metric tonnes per year है और source specifically बताता है कि scheme complete value chain को cover करती है, जो rare-earth oxides से finished magnets तक जाती है। इसलिए statements 1, 2 और 3 correct हैं। Supply-chain security भी scheme का important dimension है। Ministry of Mines ने Australia, Argentina और Zambia के साथ bilateral mineral cooperation agreements sign किए हैं, इसलिए statement 4 भी correct है। Scheme का strategic industrial objective import dependence, particularly China पर dependence, reduce करना और electric vehicles, renewable energy, aerospace, defence तथा electronics जैसे sectors को support करना है। इसके साथ energy transition, employment generation, Atmanirbhar Bharat और Viksit Bharat 2047 vision भी associated हैं। इसलिए statement 5 सही है। Source Andhra Pradesh, Odisha, Tamil Nadu, Kerala, West Bengal, Jharkhand, Gujarat और Maharashtra में significant rare-earth reserves का उल्लेख करता है। ये mainly beach sands, red sands और alluvium में पाए जाते हैं। Revision: ₹7,000+ crore → 6,000 MT/year → full value chain → rare-earth oxides to finished magnets → Australia + Argentina + Zambia → lower import dependence → EVs + renewables + aerospace + defence + electronics। Exam में partner country, capacity या value chain बदलकर incorrect statement बनाया जा सकता है। यहाँ सभी statements source से supported हैं। इसलिए option D सही answer है।
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