Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q23: Consider the following regarding the National Green Hydrogen Mission in Budget 2026-27:

Assertion (A): The budgetary allocation for the National Green Hydrogen Mission has been doubled to Rupees 600 Crore for the current fiscal year.
Reason (R): The government aims to accelerate the deployment of electrolyzers and support pilot projects in the shipping and steel sectors.
A
Both A and R are true, and R is the correct explanation of A
B
Both A and R are true, but R is NOT the correct explanation of A
C
A is true, but R is false
D
A is false, but R is true
✅ Correct Answer: A
The Assertion is True: The Union Budget 2026-27 increased the specific annual disbursement for the mission to Rupees 600 Crore.
The Reason is True: The funding increase is timed to support the payout of incentives for the SIGHT Programme (Electrolyzer Manufacturing) which is now reaching the execution stage.