Livelihood & Employment — Set 3
Government Schemes · आजीविका और रोजगार · Questions 21–30 of 140
NRLM stands for which rural livelihood mission?
Correct Answer: B. National Rural Livelihood Mission
NRLM stands for National Rural Livelihood Mission, also known as Aajeevika. It was restructured as DAY-NRLM (Deen Dayal Antyodaya Yojana - National Rural Livelihood Mission). The mission aims to alleviate rural poverty by promoting Self-Help Groups (SHGs) and building sustainable livelihoods.
Under DAY-NRLM, what is the primary institution created at the grass-root level?
Correct Answer: B. Self-Help Group (SHG)
Self-Help Groups (SHGs) are the foundational institution under DAY-NRLM at the grass-root level. An SHG is a group of 10–20 persons, usually women, who save regularly and avail credit from banks. These groups are federated into Village Organisations and Cluster Level Federations.
DAY-NRLM is implemented by which ministry?
Correct Answer: C. Ministry of Rural Development
DAY-NRLM is implemented by the Ministry of Rural Development. It is a Centrally Sponsored Scheme with funding shared between the Centre and States. The mission promotes financial inclusion, skill development, and enterprise development among the rural poor.
NULM was renamed as which scheme under the Deen Dayal Antyodaya Yojana?
Correct Answer: A. DAY-NULM
The National Urban Livelihood Mission (NULM) was renamed as DAY-NULM (Deen Dayal Antyodaya Yojana - National Urban Livelihood Mission). It focuses on reducing poverty and vulnerability of urban poor households. The scheme promotes self-employment and skill development among the urban poor.
Which ministry implements DAY-NULM?
Correct Answer: B. Ministry of Housing and Urban Affairs
DAY-NULM is implemented by the Ministry of Housing and Urban Affairs. It provides support for skill training, self-employment, and shelter for urban homeless. The scheme also supports street vendors and urban SHGs.
Startup India initiative was launched in which year?
Correct Answer: C. 2016
Startup India was launched on January 16, 2016, by Prime Minister Narendra Modi. The initiative aims to build a strong ecosystem for nurturing innovation and startups in India. It provides tax exemptions, simpler compliance, and funding support to eligible startups.
Which ministry implements the Startup India initiative?
Correct Answer: B. Ministry of Commerce and Industry
Startup India is implemented by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry. The initiative is registered through an online portal where startups can get recognition. Recognized startups enjoy benefits like tax holidays and self-certification.
What is the tax exemption period for eligible startups under Startup India?
Correct Answer: C. 3 years out of first 10 years
Eligible startups under Startup India can avail income tax exemption for 3 consecutive years out of their first 10 years since incorporation. This relief helps startups manage cash flows during their early growth stages. To avail this, startups must be recognized by DPIIT and certified by Inter-Ministerial Board.
Stand Up India scheme was launched to benefit which groups of entrepreneurs?
Correct Answer: B. SC/ST and women entrepreneurs
Stand Up India was launched on April 5, 2016, to facilitate bank loans between Rs 10 lakh and Rs 1 crore to SC/ST and women entrepreneurs. It aims to promote entrepreneurship at the grass-root level among these underserved communities. At least one beneficiary from each SC/ST category and one woman borrower per bank branch is targeted.
What is the range of bank loans provided under Stand Up India?
Correct Answer: C. Rs 10 lakh to Rs 1 crore
Stand Up India provides composite loans between Rs 10 lakh and Rs 1 crore for setting up greenfield enterprises. These enterprises can be in manufacturing, services, or trading sectors. The scheme also includes a credit guarantee through NCGTC to reduce risk for lending institutions.