Rajasthan Vishwakarma Yuva Udyami Protsahan Yojana (VYUPY) MCQ - Practice Questions with Answers

The stated loan purposes are establishing, expanding, diversifying and modernizing enterprises. Buying a personal residential house is not part of that enterprise-focused list. Options A, B and C each reproduce an eligible purpose, whereas option D concerns private housing rather than the creation or development of an enterprise.

The scheme provides loans up to ₹2 crore for four expressly listed purposes: establishing, expanding, diversifying and modernizing enterprises. Therefore option A preserves both the correct ceiling and the complete purpose set; the other choices either alter the amount, narrow the purposes or convert a loan into a grant.

All four pairs are correct. The scheme took effect on 3 September 2025; its loan ceiling is ₹2 crore; diversification is one of the expressly listed enterprise uses; and its stated objective is to promote self-employment and entrepreneurship among Rajasthan’s youth. Hence the correct count is four.

Statement 1 is correct because implementation began on 3 September 2025, as confirmed by the official notification. Statement 2 is also correct because the loan may finance enterprise establishment, expansion, diversification or modernization. Since expansion and diversification are explicitly included, both statements are correct.

The State Government implemented the scheme from 3 September 2025. The official Industries Department notification also records 03/09/2025 as its effective date. The 19 February date relates to the Budget announcement, while 31 March 2029 is the stated end of the scheme period.