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Government Schemes - Prelims 2019Ministry of Finance

Government Schemes for UPSC Prelims 2019 | Lecture 36 | MoF

Q.1) Regarding ‘Atal Pension Yojana’, which of the following statements is/are correct ?

1)It is a minimum guaranteed pension mainly targeted at unorganized sector workers.

2)Only one member of a family can join the scheme.

3)Same amount of pension is guaranteed for the spouse for life after subscriber’s death.

Which of the above is/are correct?

a) 1 only

b) 2 and 3 only

c) 1 and 3 only

d) 1, 2 and 3

Q.2) Consider the following statements about the Atal Pension Yojana :

1)The government would co-contribute 50% of the subscriber contribution or Rs. 500 per annum, whichever is lower.

2)Citizens of India between the age of 18-50 years are eligible to join.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.3) Consider the following statements about Pradhan Mantri Suraksha Bima Yojana (PMSBY) :

1)It is an accident insurance scheme of the Ministry of Health and Family Welfare.

2)It targets people in the age group of 18 to 70 years with a savings bank account.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.4) Consider the following statements about Pradhan Mantri Suraksha Bima Yojana (PMSBY) :

1)It has a highly affordable premium of Rs. 12 per month.

2)Risk coverage of Rs. 1 lakh would be available for accidental death.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.5) Consider the following statements about Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) :

1)It is a life insurance scheme for people in the age group of 18 to 70 years.

2)A premium of Rs. 330 per annum has to be paid for a life cover of Rs. 2 lakhs.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.6) Consider the following statements about Pradhan Mantri Vaya Vandana (PMVVY) :

1)It is an old age pension scheme of the Ministry of Finance.

2)The maximum investment limit under it is Rs. 7.5 lakhs per senior citizen.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.7) Consider the following statements about Pradhan Mantri Vaya Vandana (PMVVY) :

1)The maximum age of entry to the scheme is 60 years.

2)Life Insurance Corporation is the implementing agency of the scheme.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.8) Consider the following statements about the Stand Up India Scheme :

1)It facilitates loans between Rs. 10 lakhs and Rs. 1 crore for SC/ST and woman entrepreneurs.

2)Loans are available for greenfield projects in the manufacturing and agriculture sector.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.9) With reference to ‘Stand Up India Scheme’, which of the following statements is/are correct?

1)Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs.

2)It provides for refinance through SIDBI.

Select the correct answer using the code given below:         

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

 

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