Current Affairs · Government Schemes and Policies
With reference to the Shipbuilding Financial Assistance Scheme (SBFAS), consider the following statements: I. The scheme is administered by the Ministry of Defence under the 'Make in India' initiative. II. It provides financial assistance (up to 30%) for specialized vessels using green fuels such as Methanol, Ammonia, or Hydrogen fuel cells. III. The institutional validity of the scheme guidelines has been updated to extend deep into the next decade to promote domestic shipbuilding. IV. A complementary Maritime Development Fund (MDF) has been envisioned under the maritime roadmap to provide long-term financial assistance. Which of the statements given above is/are NOT correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1IV only
- 2II and III only
- 3I and II only
- 4I only✓
Correct answer
I only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Government Schemes and Policies MCQs →Want more practice questions on Government Schemes and Policies?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Government Schemes and Policies