Mukhyamantri Yuva Swarojgar Yojana (Rajasthan) MCQ - Practice Questions with Answers

Both statements reproduce explicit eligibility conditions. The scheme targets young people who are residents of Rajasthan, and the stated age band is from 18 to 45 years. Residence and age operate together; satisfying only one of them does not represent the complete eligibility described in the official Economic Review.

The verified support package has three linked components: the state provides a 100% interest subsidy on eligible credit, assists with margin money, and reimburses the applicable credit-guarantee fee. Therefore, the scheme reduces the cost and entry barriers of institutional credit rather than giving an unconditional cash grant.

For manufacturing enterprises, a Class 8 to Class 12 pass applicant can receive an eligible loan up to ₹7.5 lakh. A graduate, industrial-training-certificate holder or more highly qualified applicant can receive up to ₹10 lakh. The ₹3.5 lakh and ₹5 lakh figures belong to service and trade, so option A alone matches both categories correctly.

Loan ceilings depend jointly on education and sector. A Class 8-12 pass applicant seeking manufacturing credit can receive up to ₹7.5 lakh, while a graduate seeking service or trade credit can receive up to ₹5 lakh. The higher ₹10 lakh ceiling applies only when the graduate-category applicant proposes manufacturing.

The Mukhyamantri Yuva Swarojgar Yojana is a Rajasthan state credit-linked self-employment initiative implemented by the Industries and Commerce Department. Banks and other financial institutions deliver the credit, but the scheme's departmental ownership remains with Industries and Commerce.