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What distinguishes the Pradhan Mantri Awas Yojana-Urban 2.0 from its previous iteration?
  • a)
    The new version aims to provide free housing to all urban residents
  • b)
    PMAY-U 2.0 focuses solely on rural underserved populations
  • c)
    PMAY-U 2.0 extends financial backing for the next five years with increased government subsidies
  • d)
    The new iteration excludes the Credit Risk Guarantee Fund component
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What distinguishes the Pradhan Mantri Awas Yojana-Urban 2.0 from its p...
The Pradhan Mantri Awas Yojana-Urban 2.0 distinguishes itself from the previous version by providing financial backing for the next five years with increased government subsidies. With a total investment of INR 10 lakh crore and a government subsidy of INR 2.30 lakh crore, PMAY-U 2.0 aims to support the construction of sustainable homes for urban poor and middle-class families. Additionally, the Credit Risk Guarantee Fund's available amount has been significantly increased, enhancing loan guarantee facilities for affordable housing initiatives targeting economically weaker sections and low-income groups.
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What distinguishes the Pradhan Mantri Awas Yojana-Urban 2.0 from its previous iteration?a)The new version aims to provide free housing to all urban residentsb)PMAY-U 2.0 focuses solely on rural underserved populationsc)PMAY-U 2.0 extends financial backing for the next five years with increased government subsidiesd)The new iteration excludes the Credit Risk Guarantee Fund componentCorrect answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about What distinguishes the Pradhan Mantri Awas Yojana-Urban 2.0 from its previous iteration?a)The new version aims to provide free housing to all urban residentsb)PMAY-U 2.0 focuses solely on rural underserved populationsc)PMAY-U 2.0 extends financial backing for the next five years with increased government subsidiesd)The new iteration excludes the Credit Risk Guarantee Fund componentCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What distinguishes the Pradhan Mantri Awas Yojana-Urban 2.0 from its previous iteration?a)The new version aims to provide free housing to all urban residentsb)PMAY-U 2.0 focuses solely on rural underserved populationsc)PMAY-U 2.0 extends financial backing for the next five years with increased government subsidiesd)The new iteration excludes the Credit Risk Guarantee Fund componentCorrect answer is option 'C'. Can you explain this answer?.
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