BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one of the following is a SelfEmployment Programme for Educated Unemployed Youth?
A
Prime Minister’s Rozgar Yojana
B
Swarn Jayanti Sahakari Rozgar Yojana
C
National Social Assistance Programme
D
Swarn Jayanti Gram Swarozgar Yojana
Explanation: 

Detailed explanation-1: -MGNREGA provides self-employment opportunities to the educated and unemployed youth.

Detailed explanation-2: -Prime Minister Rozgar Yojana is a scheme that was launched on 15 August, 1993 by the Prime Minister of India to provide self-employed breaks to the educated yet unemployed youth of the country.

Detailed explanation-3: -Pradhan Mantri Rozgar Yojana (PMRY) was launched in 1993 to provide self-employment to India’s educated youth and women.

Detailed explanation-4: -For groups, the PMRY scheme offers up to ₹5 Lakhs. The Rozgar Yojna loan provides a subsidy of 15% of the project cost up to a maximum of ₹7, 500 for every individual. The repayment tenure for the PMRY loan scheme is determined by taking the financial condition of the applicant and their family income.

There is 1 question to complete.