Housing & Urban Schemes — Set 6
Government Schemes · आवास और शहरी योजनाएं · Questions 51–60 of 160
Which city was NOT among the first batch of Smart Cities selected in 2016?
Correct Answer: D. Agra
The correct answer is Agra. The first batch of 20 Smart Cities was announced in January 2016, which included Bhopal, Pune, Jaipur, and other cities, but Agra was not in this first batch. The Smart Cities were selected through a competitive challenge process where cities had to prepare proposals and compete with each other. The selection process involved multiple rounds of evaluation.
What is the full form of JNNURM which preceded many current urban schemes?
Correct Answer: A. Jawaharlal Nehru National Urban Renewal Mission
The correct answer is Jawaharlal Nehru National Urban Renewal Mission. JNNURM was launched in December 2005 and was one of the largest urban renewal programs in India. It had two sub-missions: Urban Infrastructure and Governance (UIG) for big cities, and Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT). JNNURM was replaced by AMRUT and Smart Cities Mission in 2015.
How many Light House Projects (LHPs) were launched under PMAY-U?
Correct Answer: C. 6
The correct answer is 6. Six Light House Projects were launched in January 2021 under PMAY-U in six cities: Agartala (Tripura), Chennai (Tamil Nadu), Lucknow (Uttar Pradesh), Rajkot (Gujarat), Ranchi (Jharkhand), and Indore (Madhya Pradesh). Each LHP was planned to demonstrate different innovative construction technologies. Each project consists of around 1,000 houses that would be constructed using these new technologies.
Under CLSS for MIG-II category, what is the maximum loan amount eligible for interest subsidy?
Correct Answer: C. Rs 12 lakh
The correct answer is Rs 12 lakh. Under CLSS for MIG-II (annual household income Rs 12-18 lakh), interest subsidy of 3% is available on home loans up to Rs 12 lakh. The Net Present Value (NPV) of the subsidy for MIG-II works out to approximately Rs 2.30 lakh. The subsidy is credited upfront to the loan account, reducing the EMI burden.
The National Urban Housing Fund was set up with a corpus of how much?
Correct Answer: C. Rs 60,000 crore
The correct answer is Rs 60,000 crore. The National Urban Housing Fund (NUHF) was set up with a corpus of Rs 60,000 crore to provide low-cost funds for affordable housing under PMAY-U. The fund is managed by HUDCO and raises resources through ECBs, bonds, and other market instruments. It provides low-interest loans to states and ULBs for implementing PMAY-U projects.
What is the key feature of the 'pan-city' component under Smart Cities Mission?
Correct Answer: B. IT-based solutions applied across the entire city
The correct answer is IT-based solutions applied across the entire city. The pan-city initiative under Smart Cities Mission involves application of smart solutions to improve city-wide infrastructure and services. This includes deployment of IT and technology solutions for traffic management, surveillance, e-governance, and public transport. Each smart city must have at least one pan-city initiative in addition to the area-based development component.
Affordable Rental Housing Complexes scheme was launched as a sub-scheme under which parent scheme?
Correct Answer: B. PMAY-Urban
The correct answer is PMAY-Urban. Affordable Rental Housing Complexes (ARHC) was launched in July 2020 as a sub-scheme under PMAY-U through a special window. It was specifically created to address the housing needs of urban migrants and the poor who could not avail the benefits of the homeownership-focused PMAY-U. ARHC provides dignified rental housing at affordable rates near workplace locations.
What is the significance of RERA's mandatory disclosure requirement?
Correct Answer: B. Developer must publish all project details, approvals, and progress on the RERA website
The correct answer is Developer must publish all project details, approvals, and progress on the RERA website. RERA Act mandates that all registered real estate projects must have their information publicly available on the state RERA website. This includes project details, approvals obtained, quarterly construction updates, and financial information. This transparency provision empowers homebuyers to make informed decisions.
Under PMAY-U, the central government provides assistance of how much per house under the AHP vertical?
Correct Answer: B. Rs 1.5 lakh
The correct answer is Rs 1.5 lakh. Under the Affordable Housing in Partnership (AHP) vertical of PMAY-U, the central government provides assistance of Rs 1.5 lakh per EWS house. This assistance is provided to state governments and ULBs who partner with private developers to build affordable housing projects. The state government must ensure that at least 35% of the total houses in any project are for EWS category.
Which scheme was predecessor to Smart Cities Mission for urban infrastructure development?
Correct Answer: B. JNNURM
The correct answer is JNNURM. Jawaharlal Nehru National Urban Renewal Mission (JNNURM), launched in 2005, was the predecessor to the Smart Cities Mission and AMRUT. It was a comprehensive program aimed at reforms in urban governance and development of infrastructure. JNNURM covered 65 mission cities for urban infrastructure and governance improvements, which was later superseded by AMRUT and Smart Cities Mission in 2015.