Daily Quiz – 07.10.2026

Statements:
I. It is intended to increase household adoption of a cleaner gaseous fuel while simultaneously improving the utilisation of infrastructure that has already been created for urban gas distribution.
II. Under the initiative, additional billed domestic consumers beyond area-specific targets can provide the concerned distribution companies access to a specified quantity of lower-priced APM natural gas.

The above statements have been associated with which of the following?

1. National PNG Drive 3.0
2. National Green Hydrogen Mission

Select the correct answer using the code given below:

1. The SME Growth Fund is intended to provide growth-oriented capital to Indian Small and Medium Enterprises and facilitate the emergence of Indian enterprises with greater scale and competitiveness.
2. The Fund places significant emphasis on manufacturing-focused SMEs and also considers enterprises operating in industrial clusters in Tier-II and Tier-III cities.

III. The Fund is structured as a direct equity investment mechanism and is to function as an Alternative Investment Fund (AIF) under the SME Growth Fund framework.

Which of the following inferences can be drawn from the above statements?

1. The design of the Fund seeks to combine enterprise-level capital support with a broader objective of strengthening regional industrial development.
2. The Fund's focus on manufacturing and industrial clusters indicates that its scope is confined primarily to enterprises located outside major metropolitan centres.
3. The equity-oriented structure of the Fund suggests that it is intended to participate in the growth of enterprises rather than merely provide conventional credit-based assistance.

Select the answer using the code given below:

1. It is intended to support the growth and expansion of small and medium enterprises.
2. The fund is meant exclusively for large-scale industries.

Which of the statements given above is/are correct?