Stand-Up India Scheme extended till 31 March 2031 – Quiz (11.11.2026)

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Stand-Up India Scheme extended till 31 March 2031 – Quiz (11.11.2026) – 5 questions, subject: Current Affairs. Every question has the correct answer with a one-line explanation; tap "Show Answer". Free practice for TNPSC, UPSC, SSC, Bank and RRB exams – Shanmugam IAS Academy, Coimbatore.

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1.  
What is the range of bank loans for new enterprises under the Stand-Up India Scheme?

Correct Answer: D [₹10 lakh – ₹1 crore]

Explanation:

Above ₹10 lakh and up to ₹1 crore, covering up to 85% of project cost. 85% of the loan is guaranteed at a 0.5% fee.

2.  
Which Article of the Constitution directs the State to promote the educational and economic interests of SCs, STs and weaker sections?

Correct Answer: A [Article 46]

Explanation:

Article 46 is a Directive Principle. Art. 38 – social order; 41 – right to work and education; 43 – living wage, cottage industries.

3.  
In which address did the Prime Minister first announce 'Start-up India, Stand-up India'?

Correct Answer: B [Independence Day 2015]

Explanation:

15 August 2015, from the Red Fort. The Cabinet approved Stand-Up India on 6 Jan 2016; the Department of Financial Services runs it.

4.  
Stand-Up India was launched on 5 April 2016, the birth anniversary of which leader?

Correct Answer: D [Babu Jagjivan Ram]

Explanation:

Babu Jagjivan Ram (born 5 April 1908, Bihar), a former Deputy PM. The scheme was launched at Noida. Ambedkar's birthday is 14 April.

5.  
Which Tamil Nadu government corporation, set up in 1974, works for the economic uplift of Adi Dravidars and tribals?

Correct Answer: A [TAHDCO]

Explanation:

TAHDCO gives subsidies to first-generation SC/ST entrepreneurs. TIIC – industrial loans; SIPCOT – industrial parks; TANSIDCO – small industries.

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