Launch Year 2021 Special Focus:

North Eastern and

Andaman and
Centrally Nicobar Islands
Type
Sponsored

Revision Session-
National MayMission-
Food Security 2024
Subsume
Oil Palm programme
 Question 1

Which of the following statements are incorrect regarding the ‘AHIDF’?

1. The scheme has been extended till 2027-28.
2. Government of India (GoI) will provide 3% interest subvention for 5 years including 2 years of
the moratorium for loans of 100% of the project cost
3. Funds are managed by NABARD

[A] Only 1 and 2

[B] Only 2 and 3

[C] Only 1 and 3

[D] All of the above

[E] None of the above

Option A
 EXPLANATION

Launch Year: 2020

Ministry: Ministry of Animal Husbandry and Dairying
Key Features:
1. Tenure is till 2025-26
2. Centre Sector Scheme
3. Government of India (GoI) will provide 3% interest subvention for 8 years including 2 years of
moratorium for loan up to 90% (of estimated/actual project cost)
4. GoI will also provide credit guarantee to MSME and Dairy Cooperatives up to 25% of credit
borrowed from Credit Guarantee Fund of ₹750 crore.
 Question 2

Which of the following statements is correct about the ‘PMKVY 4.0’?

1. Policy framework has been designed by National Skill Development Corporation (NSDC)
2. Regulatory framework has been designed by National Council of Vocational Education and
Training.
3. Implementing agency is Ministry of Skill Development and Entrpreneurship.

[A] Only 1

[B] Only 2 and 3

[C] Only 1 and 3

[D] Only 2

[E] None of the above

Option D
 EXPLANATION

Launch Year: 2022

Ministry: Ministry of Skill Development and Entrepreneurship
Key Features:
1. Aim is to train 3 crore women in self-help groups (SHG).
2. Objective is to Promote an enabling ecosystem for the youths to get skilled
3. Policy Framework: MSDE
4. Regulatory Framework: National Council of Vocational Education and Training (NCVET)
5. Implementing Agency: National Skill Development Corporation (NSDC)
6. Types of Training: Short Term, Recognition of Prior Learning, Special Projects
 Question 3

Which of the following statement(s) is/are correct with respect to Sovereign Gold Bond Scheme?
1. SGB are issued by RBI
2. All type of financial institutions can provide SGB
3. The investment limit per fiscal year is a maximum 10kg for Trusts

[A] Only 1 and 2

[B] Only 2 and 3

[C] Only 1 and 3

[D] All of the above

[E] None of the above

Option C
 EXPLANATION

Launch Year: 2015

Issued By: RBI
Key Features:
1. Aim is to help reduce India’s over dependence on gold imports and change the habits of
Indians.
2. All financial institution except smal finance banks, payment banks and regional rural banks can
sell the bond.
3. Investment Limit per fiscal year: minimum: 1 gm, maximum: 4 kg for individuals and HUF and
20kg for Trusts and similar entities.
4. The Bonds bear interest at the rate of 2.50% (fixed rate) per annum on the amount of initial
investment.
5. The tenor of the bond is for a period of 8 years with an exit option after the 5th year to be
exercised on the next interest payment dates
 Question 4

Which of the following statement(s) is/are correct regarding ‘Drone Didi’ Initiative?
1. The objective is to provide drones to 30,000 selected Women Self Help Groups (SHGs)
2. The scheme is valid till 2025-26.
3. As loan under the National Agriculture Infra Financing Facility (AIF), Interest subvention @ 3%
on AIF loan to be provided

[A] Only 1 and 2

[B] Only 2 and 3

[C] Only 1 and 3

[D] Only 1

[E] Only 3

Option B
 EXPLANATION

Launch Year: 2023

Key Features:
1. Aims to provide training to 30000 women of 15000 selected Women SHGs on drones for rental
services to farmers for agriculture purpose (application of fertilizers and pesticides)
2. Tenure is till 2025-26
3. Of total 15,000 drones, first 500 drones will be procured by Lead Fertilizer Companies (LFCs)
in 2023-24, using their internal resources for distribution to selected SHGs.
4. As loan under the National Agriculture Infra Financing Facility (AIF), Interest subvention @ 3%
on AIF loan to be provided
5. One of members of women SHGs who is well qualified, 18 and above years of age to be
elected by State Rural Livelihood Mission (SRLM) and LFCs
6. For 15 day training comprising of 5 day mandatory drone pilot training and additional 10 day
training for agriculture purpose of nutrient and pesticide application
 Question 5

Which of the following statements is/are correct with respect to the CBDE Programme?
A. It comes under the ministry of Education.
B. Includes one-to-one mentoring of faculty and promoting generative dialogue among faculty,
student teams and HEI partners by a pool of expert mentors
C. The nodal centre is IIITDM, Kancheepuram

[A] Only 1and 2

[B] Only 2 and 3

[C] Only 1 and 3

[D] All of the above

[E] None of the above

Option D
 EXPLANATION

Launch Year: 2024

Ministry: Ministry of Education
Nodal Centre: IIITDM, Kancheepuram
Key Features:
1. Industry experts will provide the necessary guidance and support to HEIs through various
initiatives under the banner of industry-academic linkage.
2. Includes one-to-one mentoring of faculty and promoting generative dialogue among faculty,
student teams and HEI partners by a pool of expert mentors.
 Question 6

Which of the following statement(s) is/are correct with respect to the KCC scheme?
1. Minimum age to enrol is 18 years, maximum being 65 years
2. No collateral is required for loans up to Rs. 1.60 lakh
3. An individual farmer cultivating 10ha self-owned land is not eligible

[A] 1 and 2

[B] Only 1

[C] 2 and 3

[D] Only 2

[E] 1 and 3

Option D
 EXPLANATION

Launch Year: 1998

Launched By: NABARD
Key Features:
1. Aim is to provide timely and adequate credit to farmers to meet their needs.
2. Age – 18 to 75 years
3. For senior citizen (>60 years), a co-borrower (legal heir) is mandatory
4. All farmers: individual/joint cultivator, owner, Tenant farmer, and sharecroppers are eligible
5. Insurance coverage: Up to ₹50,000 (permanent disability or death) & ₹25,000 (other risks)
6. No collateral required for loans amounting up to ₹1.60 lakh
7. Card valid for 5 years subject to annual review
8. ATM enabled RuPay Card, built-in cost escalation & any number of withdrawals within limit
 Question 7

Which of the following statements regarding the Fasal Bima scheme is incorrect?
1. Government will provide 30% of the APR in the irrigated areas
2. Union Premium of Rabi Crop is 2%
3Basic Coverage is decided by State Governments/UTs

[A] Only 1 and 2

[B] Only 2 and 3

[C] Only 1 and 3

[D] All of the above

[E] None of the above

Option E
 EXPLANATION

Launch Year: 2016

Ministry: Ministry of Agriculture and Farmer’s Welfare
Key Features:
1. Aim is to reduce premium burden on farmers
2. Basic Cover: Covers risk of loss of yield to standing crop (sowing to harvesting)
3. States allowed to set up their own insurance companies for implementing scheme
4. Uniform premium of – 2% for Kharif, 1.5% for Rabi and 5% for commercial and horticulture
crops.
5. Full GoI share in premium subsidy as per sharing pattern will be applicable only upto APR of
25% and 30% with respect to irrigated and rainfed areas/district, respectively
 Question 8

Which one of the following is/are the ‘mandatory components’ under the National AYUSH Mission?

[A] Medicinal Plants

[B] Tele-medicines

[C] AYUSH Educational Institutions

[D] All of the above

[E] Only 1 and 3

Option E
 EXPLANATION

Launch Year: 2014

Ministry: Ministry of AYUSH
Key Features:
1. Mandatory Components: AYUSH Services, AYUSH Educational Institutions, Quality Control of
ASU & H Drugs and Medicinal Plants
2. Flexible Components: Yoga Wellness Centres, Tele-medicine, Sports Medicine through AYUSH,
Information Education and Communication.
3. Operationalization of 12,500 AHWCs under AYUSHMAN BHARAT (approved in 2020)
4. For mandatory component 75% of Resource Pool allocated to States/UTs can be used
 ESIC Deputy Director

Principles of Human Resource Management

Important MCQ
Q. Consider the following statement regarding the above
discussed scheme and select the correct ones?
a. Mission plans to increase oil palm cultivation to 1 million
hectares by 2025-26 and 1.7-1.8 million hectares by 2029-30.
b. Under the scheme, oil palm farmers will be provided financial
assistance and will get remuneration under a price and viability
formula.
c. It is a Central Sector Scheme with a special focus on the North
east region and the Andaman and Nicobar Islands
[1] a and b only
[2] b and c only
[3] a and c only
[4] a, b and c
[5] None of the above
Answer : [1] a and b only