Social Security MCQ Quiz in मल्याळम - Objective Question with Answer for Social Security - സൗജന്യ PDF ഡൗൺലോഡ് ചെയ്യുക

The correct answer is 2015.

Key Points

• The Gold Monetisation Scheme (GMS) was launched by the Government of India in November 2015.
• Under this scheme, individuals and institutions can deposit their gold in any form and earn interest on it as the price of gold appreciates.
• The scheme aims to mobilize idle gold lying with households and institutions and put it to productive use.
• Deposits can be made for short-term (1-3 years), medium-term (5-7 years), and long-term (12-15 years).
• Interest earned on gold deposits is exempt from capital gains tax, wealth tax, and income tax.

Additional Information

• Eligibility: The scheme is available to individuals, HUFs (Hindu Undivided Families), trusts, and companies.
• Process: Gold can be deposited in the form of bars, coins, or jewellery, which is then melted and assayed to determine purity and weight.
• Redemption: On maturity, the depositor can redeem the principal either in gold or its cash equivalent, along with the interest accrued.
• Security: The gold deposited under the scheme is kept secure in the vaults of banks and is fully insured.
• Objectives: The scheme aims to reduce India's reliance on gold imports, provide a fillip to the gems and jewellery sector, and bring down the current account deficit.

The correct option is Ministry of Micro, Small and Medium Enterprises.Key Points

• The Pradhan Mantri Rozgar Srijan Yojana (PMEGP) scheme was initiated by the Ministry of Micro, Small and Medium Enterprises (MSME).
• The PMEGP is a credit-linked subsidy scheme launched by the Indian government in 2008 to provide financial assistance to entrepreneurs setting up micro-enterprises in the manufacturing and service sectors.

Additional Information

• The Ministry of Micro, Small and Medium Enterprises (MSME) is a branch of the Government of India that is responsible for the promotion and development of micro, small and medium enterprises in the country.
• The MSME ministry was established in 2007 and is headed by a Cabinet Minister.
• The ministry provides various schemes and programs to promote entrepreneurship and support the growth of small businesses in India.
• Some of the other schemes initiated by the MSME ministry include the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), National Manufacturing Competitiveness Programme (NMCP), and the Entrepreneurship Development Programme (EDP).

The correct answer is 2011.

Key Points

• The National Rural Livelihood Mission (NRLM) was launched by the Ministry of Rural Development, Government of India, in 2011.
• NRLM aims to reduce poverty in rural areas by promoting self-employment and skill-based livelihoods.
• It was restructured from the Swarnjayanti Gram Swarozgar Yojana (SGSY) to create a more comprehensive poverty alleviation program.
• The scheme is implemented across the country in a phased manner, focusing on organizing rural poor into self-help groups (SHGs).
• NRLM is supported by the World Bank and focuses on women’s empowerment, financial inclusion, and sustainable livelihoods.

Additional Information

• Swarnjayanti Gram Swarozgar Yojana (SGSY):
  • SGSY was launched in 1999 and aimed to provide self-employment to rural poor through the formation of self-help groups.
  • NRLM replaced SGSY in 2011 to address the shortcomings and expand the scope of poverty alleviation efforts.
• Self-Help Groups (SHGs):
  • SHGs are small groups of 10-20 people from similar socio-economic backgrounds, primarily women, who work collectively to improve their livelihoods.
  • NRLM provides SHGs with capacity-building, training, and access to financial resources.
• Financial Inclusion under NRLM:
  • NRLM promotes financial literacy and facilitates access to institutional credit for the rural poor.
  • It works closely with banks to ensure affordable loans and services for SHGs.
• World Bank Support:
  • The World Bank has provided financial and technical assistance to NRLM to enhance its implementation and coverage.
  • It focuses on strengthening rural institutions and improving livelihood opportunities.

The Correct answer is 2008.

Key Points

• The Prime Minister's Employment Generation Programme (PMEGP) was launched in the year 2008 by the Government of India.
• The program is aimed at generating self-employment opportunities through the establishment of micro-enterprises in the non-farm sector.
• It is implemented by the Ministry of Micro, Small and Medium Enterprises (MSME) through Khadi and Village Industries Commission (KVIC), which acts as the nodal agency.
• The program merged two earlier schemes: Prime Minister’s Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP).
• Under PMEGP, the government provides financial assistance in the form of a subsidy for setting up new projects.
• The scheme promotes entrepreneurship in rural and urban areas, targeting unemployed youth and traditional artisans.
• It provides subsidies ranging from 15% to 35% of the project cost based on the category of the applicant and location of the project.
• PMEGP has played a significant role in boosting employment generation and in fostering economic growth at the grassroots level in India.

 Additional Information

• 2006
  • The year 2006 is significant for the introduction of the National Rural Employment Guarantee Act (NREGA), later renamed as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
  • This act aims to enhance livelihood security in rural areas by guaranteeing 100 days of wage employment in a financial year to every household.
• 2007
  • In 2007, the Government of India launched the National Skill Development Mission with a focus on enhancing skill development initiatives for the youth.
  • This was a preparatory phase for many employment-related schemes.
• 2009
  • The year 2009 marked the introduction of the National Skill Development Corporation (NSDC), which was established to promote skill training by involving the private sector.
  • This initiative complements employment generation schemes like PMEGP.

The correct answer is life insurance scheme.

Key Points 

• Facts about PMJJBY:
  • Launched: May 9, 2015 in Kolkata by Prime Minister Narendra Modi.
  • Ministry/Department:  Ministry of Finance
  • Provides: Life Insurance
  • Eligibility:
    • 18-50 Years of age.
    • People who join the scheme before completing 50 years can, however, continue to have the risk of life cover up to the age of 55 years subject to payment of premium.
  • Premium: 
    • Rs.330 per annum(Earlier). It has been revised to Rs. 436 per annum w.e.f 01.06.2022.
    • It will be auto-debited in one instalment.
    • The cover shall be for one-year period stretching from 1st June to 31st May.
  • Lien period: 30 days from the date of enrolment.
  • Risk Coverage: Rs.2 Lakh in case of death for any reason.
  • Implemented By: The scheme will be offered by Life Insurance Corporation and all other life insurers who are willing to join the scheme and tie-up with banks for this purpose.

Additional Information