Government Schemes (Competitive Exams) Quiz

Question 1

Consider the following statements regarding recent updates to government schemes:
1. The entrance test for the PM YASASVI Scholarship was scrapped for the current cycle, with selection based on previous year's board marks.
2. West Bengal joined Ayushman Bharat PM-JAY on June 8, 2026, making the scheme operational across all 36 states and UTs.
3. The 23rd installment of PM-KISAN, released in June 2026, reached over 9.44 crore farmers with a payout of ₹18,880 crore.
Which of the statements given above are correct?

Accepted Answer

1, 2 and 3

Answer

1 and 2 only

Answer

1 and 3 only

Answer

2 and 3 only

Question 2

The Union Budget 2026-27 introduced a new program, VB G RAM G, with a significant allocation, while funding for MGNREGS was reduced. What does this change primarily signal?

Accepted Answer

A shift in rural employment policy towards new initiatives.

Answer

An increased focus on urban development projects.

Answer

A reduction in overall government spending on social welfare.

Answer

A greater emphasis on agricultural subsidies.

Question 3

What is the primary objective of the Container Manufacturing Assistance Scheme (CMAS), announced in the Union Budget 2026-27?

Accepted Answer

To boost domestic production of shipping containers.

Answer

To provide financial assistance for port infrastructure development.

Answer

To promote the use of alternative materials in container manufacturing.

Answer

To subsidize the import of shipping containers.

Question 4

Which of the following statements is NOT true regarding the Ayushman Bharat PM-JAY scheme?

Accepted Answer

It is operational in only 28 states and UTs as of August 2026.

Answer

It covers pre-hospitalization expenses for 3 days and post-hospitalization expenses for 15 days.

Answer

It provides ₹5 lakh annual health coverage per family for hospitalization.

Answer

Coverage has been extended to all citizens aged 70 and above through Vay Vandana cards, regardless of income.

Question 5

The GOBARdhan (National Circular Bioenergy Scheme) was approved in August 2026. What is its primary target for Compressed Biogas (CBG) production?

Accepted Answer

To increase domestic CBG production nearly ten-fold by FY 2035-36.

Answer

To double domestic CBG production by FY 2035-36.

Answer

To reduce reliance on imported CBG by 50%.

Answer

To achieve self-sufficiency in CBG production by 2030.

Question 6

Which of the following is a key feature of the Pradhan Mantri Mudra Yojana (PMMY)?

Accepted Answer

Offers collateral-free loans up to ₹20 lakh to micro and small enterprises.

Answer

Provides direct income support of ₹6,000 annually to farmer families.

Answer

Provides health insurance coverage up to ₹5 lakh.

Answer

Guarantees a fixed monthly pension of ₹3,000 after age 60.

Question 7

What is the common Centre-state sharing pattern for most Centrally Sponsored Schemes?

Accepted Answer

60:40 (Centre:State)

Answer

50:50 (Centre:State)

Answer

100% by Centre

Answer

75:25 (Centre:State)

Question 8

What is the purpose of the 'Per Drop More Crop' component under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)?

Accepted Answer

To incentivize drip and sprinkler systems with subsidies for small and marginal farmers.

Answer

To support the construction of large-scale irrigation dams.

Answer

To offer short-term credit for agricultural operations.

Answer

To provide crop insurance against natural calamities.

Question 9

A farmer family in a non-North-Eastern state is applying for a scheme that is jointly funded by the Centre and the state. What would be the most common Centre-state sharing pattern for such a Centrally Sponsored Scheme?

Accepted Answer

60:40 (Centre:State)

Answer

100% by Centre

Answer

75:25 (Centre:State)

Answer

50:50 (Centre:State)

Question 10

A small business owner wants to avail a collateral-free loan to set up a new enterprise. Which government scheme would be most relevant for this purpose, offering loans up to ₹20 lakh?

Accepted Answer

Pradhan Mantri Mudra Yojana (PMMY)

Answer

Pradhan Mantri Jan Dhan Yojana (PMJDY)

Answer

Kisan Credit Card (KCC) scheme

Answer

Stand-Up India Scheme

Government Schemes (Competitive Exams) Quiz

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