CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Ministry of Finance stated that around 39 crore poor people received financial assistance of Rs.34, 800 crore under PMGKP as of 5 May 2020. What is the full form of G in PMGKP?
A
GST
B
Government
C
Garib
D
Gaushala
Explanation: 

Detailed explanation-1: -3.45 Lakh Crore upto Phase-VI of PMGKAY. With the additional expenditure of about Rs. 44, 762 Crore for Phase-VII of this scheme, the overall expenditure of PMGKAY will be about Rs. 3.91 lakh crore for all the phases.

Detailed explanation-2: -1- Such families in which any one member is income tax payer or the combined annual income of all the family members in urban areas is Rs. 03 lakh and in rural areas the combined annual income of all the family members is Rs. 02 lakh. 2- The family should have a four wheeler or tractor.

Detailed explanation-3: -In 2016, the Govt. of India launched Pradhan Mantri Garib Kalyan Yojana as a part of the Taxation Laws Act 2016 (second amendment). The initial objective of the PM garib kalyan yojana scheme was to ensure tax evaders declare unaccounted money and avoid penalty and criminal prosecution.

Detailed explanation-4: -The program is operated by the Department of Food and Public Distribution under the Ministry of Consumer Affairs, Food and Public Distribution.

There is 1 question to complete.