Q.1 Which scheme was launched by the Government of India to provide insurance cover to all small traders, shopkeepers, and self-employed persons?
Pradhan Mantri Suraksha Bima Yojana
Pradhan Mantri Jan Dhan Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana
Pradhan Mantri Shram Yogi Maan-dhan Yojana
Explanation - Pradhan Mantri Suraksha Bima Yojana (PMSBY) provides accidental death and disability cover to all small traders, shopkeepers, and self-employed individuals at a very low premium.
Correct answer is: Pradhan Mantri Suraksha Bima Yojana
Q.2 Under which scheme does the Government of India aim to provide affordable housing to urban poor?
Pradhan Mantri Awas Yojana
Atal Pension Yojana
Mahatma Gandhi National Rural Employment Guarantee Act
Jan Dhan Yojana
Explanation - Pradhan Mantri Awas Yojana (PMAY) aims to provide affordable housing to the urban poor with a target to build 20 million homes by 2022.
Correct answer is: Pradhan Mantri Awas Yojana
Q.3 Which scheme focuses on financial inclusion by opening zero-balance bank accounts for every citizen?
Pradhan Mantri Jan Dhan Yojana
Atal Pension Yojana
Pradhan Mantri Mudra Yojana
Pradhan Mantri Suraksha Bima Yojana
Explanation - PMJDY is aimed at ensuring access to financial services such as banking, savings, and insurance for all, especially the unbanked population.
Correct answer is: Pradhan Mantri Jan Dhan Yojana
Q.4 Which government scheme provides low-cost loans to micro and small enterprises?
Pradhan Mantri Mudra Yojana
Stand Up India Scheme
Atal Pension Yojana
PM Suraksha Bima Yojana
Explanation - Pradhan Mantri Mudra Yojana (PMMY) provides loans up to ₹10 lakh to non-corporate small businesses, helping them grow without high-interest borrowing.
Correct answer is: Pradhan Mantri Mudra Yojana
Q.5 Which pension scheme is aimed at unorganized sector workers to provide a minimum guaranteed pension after 60 years?
Atal Pension Yojana
Pradhan Mantri Suraksha Bima Yojana
Pradhan Mantri Jan Dhan Yojana
National Pension Scheme
Explanation - Atal Pension Yojana targets unorganized sector workers to provide them with a guaranteed monthly pension ranging from ₹1,000 to ₹5,000 after retirement.
Correct answer is: Atal Pension Yojana
Q.6 The Stand Up India Scheme primarily aims to facilitate bank loans to which group?
SC/ST and women entrepreneurs
Senior citizens
Rural farmers
Students for education
Explanation - Stand Up India Scheme was launched to promote entrepreneurship among SC/ST and women by facilitating bank loans between ₹10 lakh to ₹1 crore.
Correct answer is: SC/ST and women entrepreneurs
Q.7 Which government scheme provides interest subsidy on education loans for overseas studies?
Vidyalakshmi Education Loan Scheme
PM Jeevan Jyoti Bima Yojana
Mahatma Gandhi National Rural Employment Guarantee Act
Skill India Scheme
Explanation - The scheme allows students to avail education loans and provides interest subsidy to make overseas education more affordable.
Correct answer is: Vidyalakshmi Education Loan Scheme
Q.8 Under which scheme does the government provide credit support for green energy and solar projects to entrepreneurs?
Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM)
Pradhan Mantri Mudra Yojana
Stand Up India Scheme
Jan Dhan Yojana
Explanation - PM-KUSUM provides financial support to farmers for installing solar pumps and generating renewable energy, promoting sustainability.
Correct answer is: Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM)
Q.9 Which government scheme aims to provide free health insurance to poor and vulnerable families?
Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana
Pradhan Mantri Suraksha Bima Yojana
National Health Mission
Explanation - PMJAY provides health coverage up to ₹5 lakh per family per year to over 10 crore poor families for secondary and tertiary hospitalization.
Correct answer is: Ayushman Bharat - Pradhan Mantri Jan Arogya Yojana
Q.10 Which scheme was introduced to promote digital payments and reduce cash transactions?
Digital India Initiative
Pradhan Mantri Jan Dhan Yojana
Atal Pension Yojana
Mahatma Gandhi National Rural Employment Guarantee Act
Explanation - Digital India promotes digital payments, cashless transactions, and technology-enabled governance to reduce dependency on cash.
Correct answer is: Digital India Initiative
Q.11 Which scheme provides life insurance cover to all savings bank account holders at minimal premium?
Pradhan Mantri Jeevan Jyoti Bima Yojana
Pradhan Mantri Suraksha Bima Yojana
Atal Pension Yojana
Jan Dhan Yojana
Explanation - PMJJBY offers life insurance of ₹2 lakh for a nominal annual premium, providing security to account holders in case of death.
Correct answer is: Pradhan Mantri Jeevan Jyoti Bima Yojana
Q.12 Which scheme provides loans to women SHGs to promote self-employment?
Deendayal Antyodaya Yojana - National Rural Livelihood Mission
Pradhan Mantri Mudra Yojana
Atal Pension Yojana
Stand Up India Scheme
Explanation - DAY-NRLM focuses on poverty alleviation by providing skill training, financial support, and self-employment opportunities to women SHGs.
Correct answer is: Deendayal Antyodaya Yojana - National Rural Livelihood Mission
Q.13 Under which scheme can farmers avail loans for crop production, post-harvest expenses, and allied activities?
Kisan Credit Card Scheme
Pradhan Mantri Mudra Yojana
Atal Pension Yojana
Stand Up India Scheme
Explanation - KCC scheme provides timely and adequate credit to farmers for agricultural needs, reducing dependency on informal money lenders.
Correct answer is: Kisan Credit Card Scheme
Q.14 Which scheme promotes the use of clean cooking fuel in rural areas?
Pradhan Mantri Ujjwala Yojana
PM-KUSUM
Digital India Initiative
Jan Dhan Yojana
Explanation - PMUY provides free LPG connections to women from below-poverty-line households to ensure clean and safe cooking fuel.
Correct answer is: Pradhan Mantri Ujjwala Yojana
Q.15 Which government scheme was launched to improve financial literacy in India?
National Centre for Financial Education
Pradhan Mantri Jan Dhan Yojana
Atal Pension Yojana
Mahatma Gandhi National Rural Employment Guarantee Act
Explanation - NCFE works to improve financial literacy and awareness among individuals to promote informed financial decisions.
Correct answer is: National Centre for Financial Education
Q.16 Which scheme aims to provide affordable credit and development support to fishermen and fish farmers?
Blue Revolution Scheme
Kisan Credit Card Scheme
PM Mudra Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana
Explanation - The Blue Revolution Scheme focuses on sustainable development and financial support for aquaculture and fisheries to boost production and income.
Correct answer is: Blue Revolution Scheme
Q.17 Which scheme provides insurance coverage for farmers’ crops against natural calamities?
Pradhan Mantri Fasal Bima Yojana
Kisan Credit Card Scheme
Atal Pension Yojana
PM Mudra Yojana
Explanation - PMFBY provides financial support to farmers suffering crop losses due to natural disasters, pests, and diseases.
Correct answer is: Pradhan Mantri Fasal Bima Yojana
Q.18 Which scheme is designed to empower artisans financially and provide them working capital loans?
Artisan Credit Card Scheme
Pradhan Mantri Mudra Yojana
Stand Up India Scheme
Atal Pension Yojana
Explanation - The scheme provides artisans and handicraft workers easy access to working capital for production and other expenses.
Correct answer is: Artisan Credit Card Scheme
Q.19 Which scheme provides financial assistance for education to girls to prevent dropout and promote higher education?
Beti Bachao Beti Padhao Scheme
Kishori Shakti Yojana
Vidyalakshmi Education Loan Scheme
Pradhan Mantri Suraksha Bima Yojana
Explanation - This scheme enables girls to access education loans at concessional rates, promoting higher education and empowerment.
Correct answer is: Vidyalakshmi Education Loan Scheme
Q.20 Which scheme provides financial and technical support to startups in India?
Startup India Scheme
PM Mudra Yojana
Stand Up India Scheme
Digital India Initiative
Explanation - Startup India aims to boost entrepreneurship by offering tax benefits, financial support, and easier compliance for startups.
Correct answer is: Startup India Scheme
Q.21 Which scheme provides life insurance to farmers at a nominal premium?
Pradhan Mantri Fasal Bima Yojana
Pradhan Mantri Jeevan Jyoti Bima Yojana
Atal Pension Yojana
PM Suraksha Bima Yojana
Explanation - PMJJBY provides life insurance coverage to farmers and general citizens at a very low annual premium.
Correct answer is: Pradhan Mantri Jeevan Jyoti Bima Yojana
Q.22 Which scheme encourages the use of financial technology for secure and fast transactions?
Digital India Initiative
PMJDY
Atal Pension Yojana
PM Mudra Yojana
Explanation - Digital India promotes fintech adoption for seamless banking, secure digital payments, and reducing cash dependence.
Correct answer is: Digital India Initiative
Q.23 Which scheme aims to provide solar energy-based irrigation facilities to farmers?
PM-KUSUM
Kisan Credit Card Scheme
PM Mudra Yojana
Blue Revolution Scheme
Explanation - PM-KUSUM helps farmers install solar pumps for irrigation, ensuring renewable energy adoption and reducing electricity costs.
Correct answer is: PM-KUSUM
Q.24 Which scheme provides financial assistance for skill development of youth to enhance employability?
Skill India Mission
Startup India Scheme
PM Mudra Yojana
Atal Pension Yojana
Explanation - Skill India aims to train millions of youth in various skills to improve their employability and productivity in the workforce.
Correct answer is: Skill India Mission
Q.25 Which government scheme promotes entrepreneurship among women by facilitating loans and financial literacy?
Stand Up India Scheme
Deendayal Antyodaya Yojana
PM Mudra Yojana
Atal Pension Yojana
Explanation - Stand Up India focuses on enabling women entrepreneurs and SC/ST individuals to access loans and develop businesses.
Correct answer is: Stand Up India Scheme