UPSC Exam > UPSC Questions > Consider the following statements regarding ...
Start Learning for Free
Consider the following statements regarding PM SVANidhi scheme.
The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year.
The scheme is part of the AtmaNirbhar Bharat package.
Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme.
Which of the above statements is/are correct?
- a)1 and 2 only
- b)1 and 3 only
- c)2 and 3 only
- d)2 only
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
Consider the following statements regarding PM SVANidhi scheme. The...
Ministry of Housing & Urban Affairs launched a scheme PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) to empower Street Vendors by extending loans to them and their holistic development and economic upliftment. The scheme intends to facilitate collateral-free working capital loans of up to INR10,000/- of one-year tenure, to approximately 50 lakh street vendors, to help resume their businesses in the urban areas, including surrounding peri-urban/rural areas.
View all questions of this test
Most Upvoted Answer
Consider the following statements regarding PM SVANidhi scheme. The...
PM SVANidhi Scheme
The PM SVANidhi Scheme is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. Let us discuss the statements given in the question.
Statement 1: The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year.
This statement is true. The PM SVANidhi scheme is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme was launched by the government to help the street vendors who have been affected by the COVID-19 pandemic. The scheme is aimed at providing affordable working capital loans to street vendors to resume their livelihoods.
Statement 2: The scheme is part of the AtmaNirbhar Bharat package.
This statement is also true. The PM SVANidhi scheme is part of the AtmaNirbhar Bharat package, which was launched by the government to provide relief to the people who have been affected by the COVID-19 pandemic. The package aims to create a self-reliant India by providing financial assistance to various sectors of the economy.
Statement 3: Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme.
This statement is also true. The Small Industries Development Bank of India (SIDBI) is the implementing agency for the PM SVANidhi scheme. SIDBI is a development financial institution that provides financial assistance to small and medium enterprises in India. The bank has been tasked with implementing the scheme and disbursing the loans to the street vendors.
Conclusion
In conclusion, all the statements given in the question are correct. The PM SVANidhi scheme is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package, and the Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme.
The PM SVANidhi Scheme is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. Let us discuss the statements given in the question.
Statement 1: The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year.
This statement is true. The PM SVANidhi scheme is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme was launched by the government to help the street vendors who have been affected by the COVID-19 pandemic. The scheme is aimed at providing affordable working capital loans to street vendors to resume their livelihoods.
Statement 2: The scheme is part of the AtmaNirbhar Bharat package.
This statement is also true. The PM SVANidhi scheme is part of the AtmaNirbhar Bharat package, which was launched by the government to provide relief to the people who have been affected by the COVID-19 pandemic. The package aims to create a self-reliant India by providing financial assistance to various sectors of the economy.
Statement 3: Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme.
This statement is also true. The Small Industries Development Bank of India (SIDBI) is the implementing agency for the PM SVANidhi scheme. SIDBI is a development financial institution that provides financial assistance to small and medium enterprises in India. The bank has been tasked with implementing the scheme and disbursing the loans to the street vendors.
Conclusion
In conclusion, all the statements given in the question are correct. The PM SVANidhi scheme is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package, and the Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme.
Attention UPSC Students!
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer?
Question Description
Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer?.
Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements regarding PM SVANidhi scheme. The PM SVANidhi scheme, is a credit facility that provides street vendors a collateral-free loan of Rs 1,00,000 with low rates of interest for a period of one year. The scheme is part of the AtmaNirbhar Bharat package. Small Industries Development Bank of India (SIDBI) is the implementing agency for the scheme. Which of the above statements is/are correct?a)1 and 2 onlyb)1 and 3 onlyc)2 and 3 onlyd)2 onlyCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup