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Regarding the Post Matric Scholarship Scheme for Scheduled Castes, consider the following statements:
1. The scheme's funding pattern was changed from the committed liability formula to a fixed sharing pattern of 60:40 between the Centre and the States.
2. Central Govt committed an amount of Rs.35,534 crore. for this scheme till 2025-26.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Regarding the Post Matric Scholarship Scheme for Scheduled Castes, con...
Minister for Social Justice and Empowerment reviewed the Post Matric Scholarship Scheme's progress for Scheduled Castes in the last financial year.
  • The government had completely revamped the Post Matric Scholarship scheme for Scheduled Castes to provide universal access to the SC youth for higher education.
  • The funding pattern under the Scheme was changed from the committed liability formula to a fixed sharing pattern of 60:40 between the Centre and the States (90:10 for the North EasternStates), thus increasing the commitment of the Government in the scheme by almost four times.
  • An amount of Rs.35,534 crore was committed by Central Govt. for this scheme till 2025-26 and it is estimated that about 4 crore youth from the SC community will be benefitted during this period.
  • Apart from increasing the scheme's central share, the Government has brought in several process improvements to avoid delays in payment of scholarships using the DBT system.
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Regarding the Post Matric Scholarship Scheme for Scheduled Castes, consider the following statements:1. The schemes funding pattern was changed from the committed liability formula to a fixed sharing pattern of 60:40 between the Centre and the States.2. Central Govt committed an amount of Rs.35,534 crore. for this scheme till 2025-26.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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Regarding the Post Matric Scholarship Scheme for Scheduled Castes, consider the following statements:1. The schemes funding pattern was changed from the committed liability formula to a fixed sharing pattern of 60:40 between the Centre and the States.2. Central Govt committed an amount of Rs.35,534 crore. for this scheme till 2025-26.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Regarding the Post Matric Scholarship Scheme for Scheduled Castes, consider the following statements:1. The schemes funding pattern was changed from the committed liability formula to a fixed sharing pattern of 60:40 between the Centre and the States.2. Central Govt committed an amount of Rs.35,534 crore. for this scheme till 2025-26.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the Post Matric Scholarship Scheme for Scheduled Castes, consider the following statements:1. The schemes funding pattern was changed from the committed liability formula to a fixed sharing pattern of 60:40 between the Centre and the States.2. Central Govt committed an amount of Rs.35,534 crore. for this scheme till 2025-26.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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