21. Pradhan Mantri Awas Yojana (Urban) Mission launched on ___________________(A) which intends to provide housing for all in urban areas by ______________(B). The Mission provides Central Assistance to the implementing agencies through States/Union Territories and Central Nodal Agencies for providing houses to all eligible families/ beneficiaries against the validated demand for houses for about 1.12 cr. As per PMAY(U) guidelines, the size of a house for Economically Weaker Section (EWS) could be upto 30 sq. mt. carpet area, however States/UTs have the flexibility to enhance the size of houses in consultation and approval of the Ministry.Which among the following will fit into the blank (B)?

1. 2022
2. 2024
3. 2026
4. 2027
5. 2030

Option “1” is correct.
Pradhan Mantri Awas Yojana intends to provide housing for all in urban areas by the year 2022.
22. Mark the correct statements regarding the ‘Strengthening of Pharmaceutical Industry (SPI) scheme’?(A) The scheme has a total financial outlay of Rs.600 Cr for the period from FY 21-22 to FY 25-26.
(B) The objectives of the scheme is to strengthen the existing infrastructure facilities in order to make India a global leader in the Pharma Sector.
(C) The Scheme has 3 components – Assistance to Pharmaceutical Industry for Common Facilities, Pharmaceutical Technology Upgradation Assistance Scheme, Pharmaceutical & Medical Devices Promotion and Development Scheme.1. All A, B & C
2. Only A & C
3. Only B & C
4. Only C
5. None of the statements is correct

Option “3” is correct.
Only statements B & C are correct.
· ‘Strengthening of Pharmaceutical Industry (SPI) scheme’ has a total financial outlay of Rs.600 Cr for the period from FY 21-22 to FY 25-26.
· The objectives of the scheme is to strengthen the existing infrastructure facilities in order to make India a global leader in the Pharma Sector.
· The Scheme has 3 components – Assistance to Pharmaceutical Industry for Common Facilities, Pharmaceutical Technology Upgradation Assistance Scheme, Pharmaceutical & Medical Devices Promotion and Development Scheme.
23. In rural areas where there is lack of internet connectivity, which is a major impediment for adoption of digital payments. The government has rolled out a pilot scheme of _____ where usage of mobile devices and stored value component on cards shall be used for payments.1. Off line payment system
2. Rural payment system
3. Remote location Payment scheme
4. Geographical area payment scheme
5. None of the above
Option “1” is correct.
Lack of internet connectivity or low speed of internet, especially in remote areas, is a major impediment for adoption of digital payments. Against this backdrop, providing an option of off-line payments through mobile devices and stored value component on cards is expected to further adoption of digital payments. Entities are being encouraged to develop offline payment solutions and a pilot scheme in this regard was rolled out in August 2020. The pilot scheme is being undertaken till March 31, 2021.
24. Mark the correct statements regarding “Prime Minister Street Vendors Atmanirbhar Nidhi scheme”.(A) It is a central sector scheme launched in June 2020.
(B) The scheme intends to facilitate collateral-free working capital loans of up to INR10,000/- of one-year tenure.
(C) The beneficiary will get interest subsidy @ 7% per annum on regular repayment of loan.1. All A, B & C
2. Both A & B
3. Both B & C
4. Only A
5. None of the statements is correct

Option “1” is correct.
All the statements are correct.
· It is a central sector scheme launched in June 2020.
· The scheme intends to facilitate collateral-free working capital loans of up to INR10,000/- of one-year tenure.
· The beneficiary will get interest subsidy @ 7% per annum on regular repayment of loan.
25. Mark the correct statements regarding “Startup India Seed Fund Scheme”.(A) Union Minister Piyush Goyal launched the Startup India Seed Fund Scheme on 19 April 2021.
(B) Incubator should be operational for at least three years on the date of application to the scheme.
(C) A startup, recognized by DPIIT, should be incorporated not more than 2 years ago at the time of application.1. All A, B & C
2. Both B & C
3. Both A & C
4. Only A
5. None of the statements is correct.

Option “3” is correct.
Only statement A & C are correct.
· Union Minister Piyush Goyal launched the Startup India Seed Fund Scheme on 19 April 2021.
· Incubator should be operational for at least two years on the date of application to the scheme.
· A startup, recognized by DPIIT, should be incorporated not more than 2 years ago at the time of application.
Pages: 1 2 3

2 thoughts on “Financial Schemes of the Govt”

  1. sklep online

    Wow, superb blog format! How long have you
    ever been running a blog for? you make blogging glance easy.
    The total look of your web site is excellent, let alone the content material!
    You can see similar here sklep internetowy

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top