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1.  
About PMJDY, which is/are correct?
I. It was announced on 15 August 2014 and launched on 28 August 2014.
II. It is run by the Department of Financial Services, Ministry of Finance.
III. A minimum balance of ₹ 500 must be kept.

Correct Answer: D [Only I and II]

Explanation:

I and II true; there is no minimum balance.

2.  
About PMJJBY and PMSBY, which is/are correct?
I. PMJJBY is offered by LIC and other life insurers.
II. PMSBY is open to account holders aged 18–70.
III. Both have a cover period from 1 April to 31 March.

Correct Answer: B [Only I and II]

Explanation:

I and II true; cover period 1 June – 31 May.

3.  
About PM Mudra Yojana, which is/are correct?
I. It was launched on 8 April 2015.
II. Loans are given by banks, NBFCs and MFIs.
III. A ₹ 5 lakh loan falls in the Tarun category.

Correct Answer: D [Only I and II]

Explanation:

I and II true; ₹ 5 lakh is Kishor (up to ₹ 5 lakh).

4.  
About Stand-Up India, which is/are correct?
I. Loans are for greenfield projects only.
II. In a non-individual enterprise, SC/ST and/or women must hold at least 51% of shares and control.
III. Loans range from ₹ 50,000 to ₹ 10 lakh.

Correct Answer: C [Only I and II]

Explanation:

I and II true; range ₹ 10 lakh – ₹ 1 crore.

5.  
About PM SVANidhi, which is/are correct?
I. It was launched in June 2020.
II. It offers an interest subsidy of 7% a year.
III. It has been extended up to March 2030.

Correct Answer: A [All of I, II and III]

Explanation:

All three are correct (PIB, 30 May 2026).

6.  
About Sukanya Samriddhi Yojana, which is/are correct?
I. The account can be opened for a girl below 10 years.
II. The maximum deposit is ₹ 1.5 lakh in a financial year.
III. Deposits must be made for 21 years.

Correct Answer: E [Only I and II]

Explanation:

I and II true; deposits for 15 years, maturity at 21.

7.  
About PM-KISAN, which is/are correct?
I. It was launched on 24 February 2019.
II. The 23rd instalment was released on 20 June 2026.
III. The Cabinet approved its continuation from 2026-27 to 2030-31.

Correct Answer: D [All of I, II and III]

Explanation:

All three are correct.

8.  
Match the scheme with its annual premium / contribution feature:
(i) PMJJBY (ii) PMSBY (iii) APY (iv) PMJDY
(p) contribution depends on age and pension chosen (q) ₹ 436 a year (r) no premium for RuPay accident cover (s) ₹ 20 a year

Correct Answer: E [i-q, ii-s, iii-p, iv-r]

Explanation:

PMJJBY ₹ 436; PMSBY ₹ 20; APY – age-linked contribution; PMJDY accident cover needs no premium from the holder.

9.  
About the Kisan Credit Card, which is/are correct?
I. It was extended to fisheries in 2018-19.
II. The MISS loan limit was raised from ₹ 3 lakh to ₹ 5 lakh.
III. MISS began in 2015-16.

Correct Answer: B [Only I and II]

Explanation:

I and II true; MISS is from 2006-07.

10.  
Which of these persons can join the scheme named (by age, other conditions met)?
I. A 50-year-old – PMJJBY
II. A 71-year-old – PMSBY
III. A 40-year-old non-taxpayer – APY

Correct Answer: A [Only I and III]

Explanation:

PMJJBY 18–50 ✓; PMSBY up to 70 ✗; APY 18–40 ✓.

11.  
About PMJDY figures (PIB, as on 19 Aug 2026), which is/are correct?
I. Rural and semi-urban accounts were 45.95 crore.
II. RuPay cards issued were 41.29 crore.
III. Deposits were about ₹ 31,651 crore.

Correct Answer: C [Only I and II]

Explanation:

I and II true; deposits ₹ 3,16,514 crore.

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