ECONOMICS
MONETARY POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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increase unemployment benefit
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reduce the rate of interest
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introduce working training schemes
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reduce corporation tax
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Detailed explanation-1: -Pradhan Mantri Mudra Yojana (PMMY) is being implemented by the Government for facilitating self-employment. Under PMMY, collateral free loans upto Rs. 10 lakh, are extended to micro/small business enterprises and to individuals to enable them to setup or expand their business activities. Upto 11.03.
Detailed explanation-2: -Answer: Various schemes include Ayushman Bharat, Prime Minister Awaas Yojana-Gramin, Schemes for Unemployed Women, Atal Pension Yojana, Social security relief to dependents of workers passing away due to COVID-19, Support for Marginalized Individuals for Livelihood and Enterprise, etc.
Detailed explanation-3: -Expert-Verified Answer a. The government has launched many projects and programmes such as Prime Minister Rojgar Yojana (PMRY), Rural Employment Generation Programme (REGP), etc. b. The government also originated the National Food for Work Programme (NFWP), in 2004.
Detailed explanation-4: -The answer is: d. government aid to retrain unemployed workers.