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With reference to the Pradhan Mantri Awas Yojana-Urban (PMAYU), consider the following statements:
1. It falls under the Government’s mission - Housing for All by 2022.
2. The Mission addresses urban housing shortages among the Economically Weaker Section (EWS)/ Low Income Group (LIG) only.
Which of the statements above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
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With reference to the Pradhan Mantri Awas Yojana-Urban (PMAYU), consid...
Pradhan Mantri Awas Yojana-Urban (PMAYU)
  • It falls under the Government’s mission - Housing for All by 2022 for urban housing being implemented by the Ministry of Housing and Urban Affairs (MoHUA). Hence, statement 1 is correct.
  • It makes home loans affordable for the urban poor by providing a subsidy on the Interest Rate of a home loan during repayment by way of EMI (Equated Monthly Installments).
  • Beneficiaries:
    • The Mission addresses urban housing shortage among the Economically Weaker Section/ Low Income Group (EWS/LIG) and Middle Income Group (MIG) categories including the slum dwellers. Hence, statement 2 is not correct.
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With reference to the Pradhan Mantri Awas Yojana-Urban (PMAYU), consid...
Pradhan Mantri Awas Yojana-Urban (PMAYU)
  • It falls under the Government’s mission - Housing for All by 2022 for urban housing being implemented by the Ministry of Housing and Urban Affairs (MoHUA). Hence, statement 1 is correct.
  • It makes home loans affordable for the urban poor by providing a subsidy on the Interest Rate of a home loan during repayment by way of EMI (Equated Monthly Installments).
  • Beneficiaries:
    • The Mission addresses urban housing shortage among the Economically Weaker Section/ Low Income Group (EWS/LIG) and Middle Income Group (MIG) categories including the slum dwellers. Hence, statement 2 is not correct.
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With reference to the Pradhan Mantri Awas Yojana-Urban (PMAYU), consider the following statements:1. It falls under the Government’s mission - Housing for All by 2022.2. The Mission addresses urban housing shortages among the Economically Weaker Section (EWS)/ Low Income Group (LIG) only.Which of the statements above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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With reference to the Pradhan Mantri Awas Yojana-Urban (PMAYU), consider the following statements:1. It falls under the Government’s mission - Housing for All by 2022.2. The Mission addresses urban housing shortages among the Economically Weaker Section (EWS)/ Low Income Group (LIG) only.Which of the statements above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? for CUET 2024 is part of CUET preparation. The Question and answers have been prepared according to the CUET exam syllabus. Information about With reference to the Pradhan Mantri Awas Yojana-Urban (PMAYU), consider the following statements:1. It falls under the Government’s mission - Housing for All by 2022.2. The Mission addresses urban housing shortages among the Economically Weaker Section (EWS)/ Low Income Group (LIG) only.Which of the statements above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CUET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Pradhan Mantri Awas Yojana-Urban (PMAYU), consider the following statements:1. It falls under the Government’s mission - Housing for All by 2022.2. The Mission addresses urban housing shortages among the Economically Weaker Section (EWS)/ Low Income Group (LIG) only.Which of the statements above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?.
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