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Government Schemes - Prelims 2019Ministry of Finance

Government Schemes for UPSC Prelims 2019 | Lecture 38 | MoF

Q.1) Consider the following statements about the Sovereign Gold Bond Scheme :

1)It is a scheme of the Ministry of Corporate Affairs.

2)Sovereign Gold Bonds will be sold to Indians as well as foreigners.

Which of the above is/are correct?

a) 1 only

b) 2 only

c) Both 1 and 2

d) Neither 1 nor 2

Q.2) Consider the following statements about the Sovereign Gold Bond Scheme :

1)The investment limit per fiscal year is 4kg for all entities.

2)Bonds will be available both in demat and paper form.

3)Bonds can be used as collateral for loans.

Which of the above is/are correct?

a) 2 only

b) 1 and 2 only

c) 2 and 3 only

d) All of the above

Q.3) What is/are the purpose/purposes of Government’s ‘Sovereign Gold Bond Scheme’ and ‘Gold Monetization Scheme’?

1)To bring the idle gold lying with Indian households into the economy.

2)To promote FDI in the gold and jewellery sector.

3)To reduce India’s dependence on gold imports.

Select the correct answer using the code given below:                     

a) 1 only

b) 2 and 3 only

c) 1 and 3 only

d) 1, 2 and 3

Q.4) What is the purpose of the new web portal www.psbloansin59minutes.com ?

a)Enable faster approval of loans for MSMEs.

b)Enable faster approval of loans for students wanting to pursue higher education abroad.

c)Fund voluntary organizations engaged in skill development and employment generation.

d)Enable faster approval of home loans for economically weaker sections of the society.

Q.5) Consider the following statements about the new web portal www.psbloansin59minutes.com :

1)SIDBI has a majority stake in this new initiative.

2)Under it, there will be no human intervention till the sanction and/or disbursement stage.

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 Udyam Abhilasha :

1)It is a national level Entrepreneurship Awareness Campaign launched by NABARD to enable youths to set up agri-enterprises.

2)It is targeted at rural youth in aspirational districts.

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 Udyam Abhilasha :

1)The campaign shall be implemented through the Common Service Centres under the ambit of the Ministry of Electronics and Information Technology.

2)Village level entrepreneurs will play a very important role in providing support to the aspiring entrepreneurs.

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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