CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which ministry launched Aajeevika Grameen Express Yojana recently?
A
Ministry of Telecommunications
B
Ministry of Home Affairs
C
Ministry of Information Technology
D
Ministry of Rural Development
Explanation: 

Detailed explanation-1: -Under Aajeevika Grameen Express Yojana (AGEY) launched in Aug 2017, the beneciary will be provided an interest-free loan up to Rs 6.50 lakh for purchase of the vehicle. The Government of India launched this scheme as a part of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).

Detailed explanation-2: -Deen Dayal Antyodaya Yojana-National Livelihoods Mission (NRLM) was launched by the Ministry of Rural Development (MoRD), Government of India in June 2011 as a restructured version of Swarna Jayanti Gram Swarozgar Yojna (SGSY).

Detailed explanation-3: -To address the challenge of rural poverty, the Ministry of Rural Development conceived a mission mode scheme titled as National Rural Livelihood Mission (NRLM) in the year 2010. NRLM was renamed as DAY-NRLM (Deendayal Antyodaya Yojana – National Rural Livelihood Mission) with effect from March 29, 2016.

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