Livelihood & Employment — Set 6
Government Schemes · आजीविका और रोजगार · Questions 51–60 of 140
What is the maximum loan amount a street vendor can ultimately access under PM SVANidhi after all tranches?
Correct Answer: C. Rs 50,000
A street vendor can access up to Rs 50,000 as the final enhanced credit tranche under PM SVANidhi after timely repayment of the initial Rs 10,000 and second Rs 20,000 loans. The scheme operates on a step-up credit model to build repayment capacity. This empowers vendors to expand their business significantly.
Which body was set up to implement the Startup India scheme's fund of funds?
Correct Answer: C. SIDBI
SIDBI (Small Industries Development Bank of India) was set up to manage the Fund of Funds for Startups (FFS) under Startup India. The fund provides capital to SEBI-registered Alternate Investment Funds (AIFs) which invest in eligible startups. This indirect funding model helps in multiplying the impact of government investment.
MGNREGA is implemented under which ministry?
Correct Answer: C. Ministry of Rural Development
MGNREGA is implemented by the Ministry of Rural Development. It is one of the flagship programmes of the ministry aimed at creating wage employment and building durable assets in rural areas. The state governments play a key role in planning and executing the works under the scheme.
What is the women's reservation in MGNREGA regarding beneficiaries?
Correct Answer: C. 50%
MGNREGA mandates that at least one-third (33%) of workers benefiting from the scheme must be women. In practice, women's participation has often exceeded this minimum requirement, crossing 50% in many states. This has significantly contributed to women's economic empowerment in rural India.
PM Vishwakarma Yojana was launched on which date?
Correct Answer: C. September 17, 2023
PM Vishwakarma was launched on September 17, 2023, coinciding with Vishwakarma Jayanti. Prime Minister Narendra Modi launched the scheme to honor and support traditional craftspeople and artisans. It is a Central Sector Scheme with a budget outlay of Rs 13,000 crore over five years.
What is the interest rate at which credit is provided to artisans under PM Vishwakarma?
Correct Answer: B. 5%
Under PM Vishwakarma, collateral-free credit is provided to artisans at a concessional interest rate of 5% per annum. The difference between the market rate and 5% is borne by the government as interest subvention. This makes credit affordable for traditional craftspeople who often lack formal collateral.
The e-Shram portal is linked with which identity system for registration?
Correct Answer: C. Aadhaar
The e-Shram portal uses Aadhaar-based authentication for the registration of unorganized workers. This ensures deduplication and accurate identification of beneficiaries. Workers without mobile numbers linked to Aadhaar can register through Common Service Centres (CSCs).
How many workers had registered on the e-Shram portal within one year of its launch (approx.)?
Correct Answer: C. 28 crore
Within about one year of its launch in August 2021, approximately 28 crore unorganized workers had registered on the e-Shram portal. This massive enrollment demonstrated the large scale of India's unorganized workforce. The database helps the government design and target social protection schemes more effectively.
Under MGNREGA, wages must be paid within how many days of completion of work?
Correct Answer: B. 15 days
Under MGNREGA, wages must be paid within 15 days of completion of the work. Delay in payment beyond 15 days entitles workers to payment of compensation. Wages are directly transferred to workers' bank or post office accounts to minimize corruption.
Which fund provides financial support for SHGs under DAY-NRLM for internal lending?
Correct Answer: B. Revolving Fund
A Revolving Fund is provided to newly formed SHGs under DAY-NRLM to start internal lending among members. It is a corpus of Rs 10,000 to Rs 15,000 given to eligible SHGs. This fund helps members access small amounts of credit for immediate needs without depending on banks.