Government Schemes Quiz: Miscellaneous

Questions on Various Government Schemes: Here are some important question on the Scheme of Government that are important for competitive exams like IBPS, RBI, RBI, RRB and insurance exams. Check how many you know correctly.

  1. Atal Pension Yojana (APY) is administered by which organisation?
    A) PFRDA

    B) RBI
    C) IRDA
    D) LIC
    View answer
    Option A
  2. What is the total outlay for the Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY)?
    A) Rs 52,000 Crore

    B) Rs 76,000 Crore
    C) Rs 80,000 Crore
    D) Rs 65,000 Crore
    View answer
    Option B
  3. The Premature Withdrawal under the Kisan Vikas Patra can be made after how many years?
    A) 1 year

    B) 2 years
    C) 2.5 years
    D) 3 years
    View answer
    Option C
    Certificate can be en ​cash after 2 & 1/2 years from the date of issue. Full principle amount with interest will be paid.
  4. How many accounts can be opened per girl child under the Sukanya Samriddhi Account scheme?
    A) no limit

    B) three
    C) two
    D) one
    View answer
    Option D
    Only one account per girl child
  5. What is the tenure of the Sovereign Gold Bond Scheme (SGB)?
    A) 8 years

    B) 7 years
    C) 6 years
    D) 5 years
    View answer
    Option A
    The tenor of the Bond will be for a period of 8 years with exit option from 5th year to be exercised on the interest payment dates.
  6. The Pradhan Mantri Ujjwala Yojana (PMUY) was formally launched in which state?
    A) Bihar

    B) Uttar Pradesh
    C) Maharashtra
    D) Gujarat
    View answer
    Option B
    It was launched on 1 May 2016 in Ballia, Uttar Pradesh by Prime Minister Shri Narendra Modi
  7. What is the amount of premium applicable per annum under the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
    A) Rs 100

    B) Rs 25
    C) Rs 12
    D) Rs 10
    View answer
    Option C
  8. Which among the following is the Pension Fund Manager under the Pradhan Mantri Shram Yogi Maandhan (PM-SYM) Yojana?
    A) New India Assurance

    B) Life Insurance Corporation of India 
    C) United India Insurance
    D) The Oriental Insurance Company
    View answer
    Option B
  9. What is the share of Central government in the budget financing of the POSHAN Abhiyaan (National Nutrition Mission)?
    A) 100%

    B) 70%
    C) 30%
    D) 50%
    View answer
    Option D
    The National Nutrition Mission (NNM) has been set up with a three year budget of Rs.9046.17 crore commencing from 2017-18. This will be funded by Government Budgetary Support (50%) and 50% by IBRD or other MDB.
  10. The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched based on how many pillars?
    A) 6

    B) 9
    C) 12
    D) 4
    View answer
    Option A
    The six pillars are- Universal access to banking facilities; Providing Basic Banking Accounts with overdraft facility and RuPay Debit card to all households; Financial Literacy Programme; Creation of Credit Guarantee Fund; Micro-Insurance; Unorganized sector Pension schemes like Swavalamban

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