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Q109 (CDS-I/2026) Economy › Agriculture & Rural Economy

Which one of the following schemes is not meant for the development of agriculture sector in India ?

Result
Your answer: —  Â·  Correct: C

Explanation

The correct option is C. PM SVANidhi (Prime Minister Street Vendor’s AtmaNirbhar Nidhi) is a micro-credit scheme launched by the Ministry of Housing and Urban Affairs in June 2020. It is designed to provide affordable working capital loans to street vendors to resume their livelihoods following the COVID-19 lockdown, and is not related to the agriculture sector.

  • PM Kisan Maandhan Yojana (PM-KMY): A voluntary and contributory pension scheme for Small and Marginal Farmers (SMF) to provide social security.
  • Modified Interest Subvention Scheme (MISS): Provides interest subvention to financial institutions to ensure short-term crop loans are available to farmers at an affordable rate (7% per annum).
  • National Food Security Mission (NFSM): A Centrally Sponsored Scheme launched to increase the production of rice, wheat, pulses, coarse cereals, and commercial crops through area expansion and productivity enhancement.
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Which of the following statements is NOT correct for Pradhan Mantri Mudra Yojana (PMMY)? (a) It was launched in 2015 (b) It grants loans of up to ₹15 lakhs for income generating manufacturing, trading and services sectors (c) Under this scheme only the term loan requirements can be met and not the working capital requirements (d) There is no insistence on collateral for the sanction of loan

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