Livelihood & Employment — Set 14

Correct Answer: C. Rs 500 per day

Artisans enrolled in the basic skill training component of PM Vishwakarma receive a stipend of Rs 500 per day during the training period. This covers immediate income loss during the training period. Post-training, artisans can access advanced training and the toolkit and credit support components.

Correct Answer: B. Any rural woman above 18 years

Any rural woman above 18 years of age can become a member of an SHG under DAY-NRLM, though priority is given to the poorest households. The SHG formation is community-led and not restricted by caste or religion. Members come together based on shared economic and social interests.

Correct Answer: C. Government pays EPF and EPS contribution for 3 years

Under PMRPY, the government pays the full 12% employer contribution towards EPF (3.67%) and EPS (8.33%) for new employees for up to 3 years. This reduces the cost of hiring and registering new formal employees. It directly incentivizes employers to bring informal workers into the formal social security net.

Correct Answer: A. 2021

PM SVANidhi was extended in 2021 with an enhanced third-tranche loan of Rs 50,000 for vendors who had repaid the earlier tranches. The scheme's target was also expanded. This extension recognized the continued financial needs of street vendors in the post-COVID recovery period.

Correct Answer: B. They set occupational standards and conduct assessments

Sector Skill Councils (SSCs) are industry-led bodies that define National Occupational Standards (NOS) for specific job roles and conduct assessments of trainees under PMKVY. There are over 30 SSCs covering sectors from retail to healthcare to electronics. SSCs ensure that training is industry-relevant and nationally standardized.

Correct Answer: C. SC/ST households' lands and IAY beneficiaries' lands

MGNREGA prioritizes works on lands belonging to SC/ST households, BPL families, land reform beneficiaries, and IAY beneficiaries. This ensures that the poorest households benefit most from the assets created. Works on private land are permitted only for these specified categories.

Correct Answer: B. Rs 2 lakh accidental insurance under PMSBY

Registered workers on e-Shram receive Rs 2 lakh in accidental insurance cover under Pradhan Mantri Suraksha Bima Yojana (PMSBY). In case of partial disability, Rs 1 lakh is paid. The premium for this insurance is borne by the government, making it free for the worker.

Correct Answer: A. 100 days per household

MGNREGA guarantees 100 days of employment per financial year per household, not per individual. All adult members of a household collectively share this entitlement. States can provide additional days out of their own funds, and in drought-affected areas additional days may be provided.

Correct Answer: B. Build a robust startup ecosystem and create jobs

Startup India's primary goal is to build a strong entrepreneurial ecosystem in India that fosters innovation, generates employment, and drives economic growth. The initiative provides regulatory support, funding access, and mentorship to eligible startups. It positions India as a global startup hub.

Correct Answer: D. Payment must be made in the bank within 6 working days of muster roll closure

Under MGNREGA norms, wages must be transferred to workers' accounts within 15 days; the '6-working-day' rule refers to the timeline within which the measurement of work must be done and wages processed after muster roll closure. Any delay beyond the prescribed period triggers payment of compensation to workers. This ensures prompt and transparent wage disbursement.