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Government Schemes - Prelims 2019Ministry of Finance

Government Schemes for UPSC Prelims 2019 | Lecture 37 | MoF

 

Q.1) Pradhan Mantri MUDRA Yojana is aimed at                                      

a)bringing the small entrepreneurs into formal financial system 

b)providing loans to poor farmers for cultivating particular crops

c)providing pensions to old and destitute persons

d)funding the voluntary organizations involved in the promotion of skill development and employment generation.

Q.2) Consider the following statements about Pradhan Mantri Jan Dhan Yojana (PMJDY) :

1)It is a flagship scheme of the Ministry of Finance aimed at financial inclusion.

2)It envisages opening up of bank accounts in which a minimum balance of Rs. 100 has to be maintained.

Which of the above is/are incorrect?

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 Jan Dhan Yojana (PMJDY) :

1)PMJDY Accounts offer a life cover of Rs. 30,000 payable on death of the beneficiary.

2)Beneficiaries of Government Schemes will get Direct Benefit Transfer in these accounts.

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 National Pension System :

1)It is a scheme of the Ministry of Finance aimed at inculcating the habit of saving for retirement amongst the citizens.

2)It is being administered by the Life Insurance Corporation of India.

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) Who among the following can join the National Pension System (NPS) ?

a)Resident Indian citizens only

b)Persons of age from 21 to 55 only

c)All State Government employees joining the services after the date of notification by the respective State Governments.

d)All Central Government employees including those of Armed Forces joining the services on or after 1st April, 2004.

Q.6) Consider the following statements about the Benami Transactions Informants Rewards Scheme, 2018 :

1)Persons giving specific information about benami properties would get a reward up to Rs. 1 crore.

2)Foreigners shall not be eligible for the reward.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

 

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