CMAT 2022 Solved Question Paper

Question : 63 of 100

Marks: +1, -0

Which of the following is true regarding Vehicle Scrapping Policy recently announced by the Centre?

State governments have been advised to offer road tax rebate up to $25 \%$ for personal vehicles and manufacturers to provide $5 \%$ discount on purchase of a new vehicle against the scrapping certificate
State governments have been advised to offer road tax rebate up to $50 \%$ for personal vehicles and manufacturers to provide $10 \%$ discount on purchase of a new vehicle against the scrapping certificate.
State governments have been advised to offer road tax rebate up to $33 \%$ for personal vehicles and manufacturers to provide $7 \%$ discount on purchase of a new vehicle against the scrapping certificate.
State governments have been advised to offer road tax rebate up to $40 \%$ for personal vehicles and manufacturers to provide $3 \%$ discount on purchase of a new vehicle against the scrapping certificate.

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