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U.S. House Democrats propose EV tax credits of up to $12,500

Current GK (IBPS-PO) International Affairs

11-Sep-21

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The House Ways and Means Committee on September 14 will vote on a measure that lifts the current cap on EV tax credits
U.S. Democratic lawmakerslate on September 10 proposed boosting tax credits for electric vehicles to up to $12,500 per vehicle for union-made zero emission models assembled in the United States.
Under a broad tax measure that is part of a planned $3.5 trillion spending bill, the House Ways and Means Committee on September 14 will vote on a measure that lifts the current cap on EV tax credits.
The bill would make General Motors Co and Tesla Inceligible again for EV tax credits after they previously hit a cap on the existing $7,500 incentive. It would also createa new smaller credit for used EVs.

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Question No.1

The FICCI Ladies Organization industrial park is the country’s first of its sort This park was built on 50 acres of land in Sultanpur, which is near Patancheru. It was made with investment of?

Rs 250 crore

Rs 350 crore

Rs 50 crore

Rs 255 crore