RBI Grade B Govt Scheme – Quiz 5

September 22, 2019
 
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Dear aspirants,
We are presenting you the Quiz 5 of our RBI Grade B Question Series 2019. These MCQs will cover the questions for RBI Grade B Govt Scheme which are very important from exam point of view. Also do read the answers provided at the end of quiz.

RBI Grade B Govt Scheme

Q1. Consider following statement(s) about Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM):
a) It is voluntary and contributory pension scheme for unorganised workers
b) It is slated to cover 5 crore labourers and workers in unorganized sector.
c) Minimum assured pension of Rs 3000/- per month after attaining the age of 60 years
d) The monthly income of subscriber should be Rs 15,000/ per month or less.
Choose the correct answer out of the following options:

  1. Only a, c and d
  2. Only a, b and c
  3. Only b, c and d
  4. All are correct

Q2. Consider following statement(s) about Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN):
a) It aims to supplement the financial needs of the farmers in procuring various inputs
b) All land holding eligible farmer families (subject to the prevalent exclusion criteria) would avail of the benefits under this scheme.
c) The income support through payment of Rs.6000/- per year will be made
d) About Rs. 75,000 crore will be transferred to farmers’ accounts every year
Choose the correct answer out of the following options:

  1. Only a, c and d
  2. Only a, b and c
  3. Only b, c and d
  4. All are correct

Q3. Darwaza Band campaign was launched under which scheme?

    1. Central Rural Sanitation Programme
    2. Total Sanitation Campaign
    3. Swachh Bharat Abhiyan
    4. Pradhan Mantri Jan Arogya Yojana

Q4. Core of the core schemes are comprises of how many umbrella schemes?

    1. Eight
    2. Six
    3. Five
    4. Four
 
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Q5. How many schemes fall under the category of core schemes?

    1. 20
    2. 22
    3. 23
    4. 28

Q6. Who is pension fund manager of Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM)?

    1. SBI
    2. LIC
    3. UTI
    4. ICICI Prudential

Q7. Which among the following is enrollment agency of Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM)?

    1. Common Service Centre
    2. Post Office
    3. LIC
    4. Banks

Q8. Which among the following is nodal agency of Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM)?

    1. Ministry of Commerce and Industry
    2. Ministry of Human Resource Development
    3. Ministry of Micro, Small and Medium Enterprises
    4. Ministry of Labour and Employment

Q9. Consider following statement(s) about Pradhan Mantri Rojgar Protsahan Yojana:
a) The scheme is administered by the Ministry of Labour and Employment
b) The monthly income of subscriber should be Rs 15,000/ per month or less.
c) Government bears full employer`s contribution (8.33% EPS + 3.67% EPF ) w.e.f. 01/04/2018
d) The objective of the scheme is to promote employment generation.
Choose the correct answer out of the following options:

  1. Only b, c and d
  2. Only a, b and c
  3. Only a, c and d
  4. All are correct

Q10. Consider following statement(s) about National Electronic Policy, 2019:
a) The scheme aims to position India as a global hub for Electronics System Design and Manufacturing (ESDM)
b) Promote domestic manufacturing and export in the entire value-chain of ESDM to achieve a turnover of USD 400 billion by 2025.
c) Targeted production of 1.0 billion (100 crore) mobile handsets by 2025, valued at USD 190 billion
d) Envisaged under the aegis of the Ministry of Information and Broadcasting.
Choose the correct answer out of the following options:

  1. Only b, c and d
  2. Only a, b and c
  3. Only a, c and d
  4. All are correct

Answers

  1. 1
    Government of India has launched a voluntary and contributory pension scheme for unorganised workers namely Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) to ensure old age protection for Unorganised Workers. It is a central sector scheme administered by the Ministry of Labour and Employment. The scheme is slated to cover 10 crore labourers and workers in unorganized sector. The monthly income of subscriber should be Rs 15,000/ per month or less. Entry age group is 18-40 years. Each subscriber under the PM-SYM, shall receive minimum assured pension of Rs 3000/- per month after attaining the age of 60 years
  2. 4
    Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) aims to supplement the financial needs of the farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income. About Rs. 75,000 crore will be transferred to farmers’ accounts every year. The Scheme seeks to provide income support to all Small and Marginal landholder farmers’ families. All land holding eligible farmer families (subject to the prevalent exclusion criteria) would avail of the benefits under this scheme. Earlier the farmers with cultivable land holding upto 2 hectare across the country were eligible. The income support through payment of Rs.6000/- per year will be made. About 14.5 crore farmers are expected to benefit from scheme
  3. 3
  4. 2
    There are six core of the core schemes namely: National Social Assistance Programme, Mahatma Gandhi National Rural Employment Guarantee Programme (MRNREGA), Umbrella Scheme for Development of Scheduled Castes, Umbrella Scheme for Development of Scheduled Tribes, Umbrella Programme for Development of Minorities and Umbrella Scheme for Development of Backward Classes, Differently Abled and other Vulnerable Groups
  5. 3
    There are total 23 core schemes.
  6. 2
    PM-SYM is the Central Sector Scheme administered by the Ministry of Labour and Employment. LIC is the Pension Fund Manager and responsible for Pension pay out
  7. 1
    The enrolment under PM-SYM is carried out by all the Community Service Centers (CSCs). The unorganised workers may visit their nearest CSCs along with their Aadhar Card and Savings Bank account passbook/Jandhan account and get registered themselves for the Scheme.
  8. 4
    PM-SYM is the Central Sector Scheme administered by the Ministry of Labour and Employment
  9. 4
  10. 2
    The National Electronics Policy 2019 proposed by the Ministry of Electronics and Information Technology (MeitY) aim to propel the growth of Electronics System Design and Manufacturing (ESDM) industry in the country. It replaces the National Policy of Electronics 2012 (NPE 2012). The Policy aims to position India as a global hub for Electronics System Design and Manufacturing (ESDM) by encouraging and driving capabilities for developing core components and creating an enabling environment for the industry to compete globally. The target is to Promote domestic manufacturing and export in the entire value-chain of ESDM for economic development to achieve a turnover of USD 400 billion (approximately INR 26,00,000 crore) by 2025. This will include targeted production of 1.0 billion (100 crore) mobile handsets by 2025, valued at USD 190 billion (approximately INR 13,00,000 crore), including 600 million (60 crore) mobile handsets valued at USD 110 billion (approximately INR 7,00,000 crore) for export.

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