Microtheme: SchemeXFinance —
3 questions asked in Prelims in the past.

1. [2016] Pradhan Mantri MUDRA Yojana is aimed at
   • (a) bringing the small entrepreneurs into formal financial system
   • (b) providing loans to poor farmers for cultivating particular crops
   • (c) providing pensions to old and destitute persons
   • (d) funding the voluntary organizations involved in the promotion of skill development and employment generation
   Correct Answer: (A) bringing the small entrepreneurs into formal financial system
2. [2016] Which one of the following is a purpose of ‘UDAY’, a scheme of the Government?
   • (a) Providing technical and financial assistance to start-up entrepreneurs in the field of renewable sources of energy
   • (b) Providing electricity to every household in the countries by 2018
   • (c) Replacing the coal-based power plants with natural gas, nuclear, solar, wind and tidal power plants over a period of time
   • (d) Providing for financial turnaround and revival of power distribution companies
   Correct Answer: (D) Providing for financial turnaround and revival of power distribution companies
3. [2015] Pradhan Mantri Jan-Dhan Yojana’ has been launched for
   • (a) providing housing loan to poor people at cheaper interest rates
   • (b) promoting women's Self-Help Groups in backward areas
   • (c) promoting financial inclusion in the country
   • (d) providing financial help to the marginalized communities
   Correct Answer: (C) promoting financial inclusion in the country