BP · VIDEOLECTURE

GOVT SCHEMES

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for VIDEO LECTURES OF ASHISH SIR (FOR ALL SCALES) — Bank Promotions.

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Q

What is the primary objective of the Pradhan Mantri Jan Dhan Yojana (PMJDY)?

A

PMJDY aims to provide universal access to banking facilities, ensuring every household has at least one basic bank account with access to credit, insurance, and pension services.

Q

What is the loan limit under the MUDRA Tarun category?

A

Loans above Rs. 5 lakh up to Rs. 10 lakh

Q

Under PMJDY, what is the overdraft facility available to eligible account holders?

A

Eligible PMJDY account holders can avail an overdraft of up to Rs. 10,000, with accounts that have been satisfactorily operated for six months qualifying for this facility.

Q

What is the annual premium for PMJJBY life insurance scheme?

A

Rs. 436 per annum per member

Q

What is the Stand-Up India scheme designed to achieve?

A

Stand-Up India facilitates bank loans between Rs. 10 lakh and Rs. 1 crore to at least one SC/ST borrower and one woman borrower per bank branch for setting up greenfield enterprises.

Q

What is the annual premium for PMSBY accident insurance scheme?

A

Rs. 20 per annum per member

Q

Which scheme provides collateral-free credit to micro and small enterprises up to Rs. 5 crore?

A

The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides collateral-free credit guarantee cover to MSEs, recently enhanced to Rs. 5 crore per borrower.

Q

What is the minimum monthly pension under Atal Pension Yojana?

A

Rs. 1000 per month after age 60

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