PM SVANidhi MCQ - Practice Questions with Answers

Statement 1 is correct: under PM SVANidhi, the Ministry of Housing & Urban Affairs proposes to establish up to 50 Street Food Hubs across the country. Statement 2 is incorrect: the financial assistance of Rs 4 crore per approved project is released in three instalments, not two equal ones — 30 per cent as the first instalment, 50 per cent as the second and the remaining 20 per cent after completion. Since only statement 1 holds, the answer is '1 only'. Options B and D are wrong because they reject the correct statement 1, and option C is wrong because it accepts the faulty instalment structure in statement 2.

Each approved Street Food Hub project receives Rs 4 crore, released in three instalments: 30 per cent as the first instalment (A-2), 50 per cent as the second (B-3) and the remaining 20 per cent after completion (C-4). Separately, a city that has notified its Street Vending Plan receives an incentive of Rs 25 lakh (D-1). Hence the correct match is A-2, B-3, C-4, D-1. Option A wrongly swaps the first and second instalments; option C wrongly ties the post-completion instalment to the Rs 25 lakh incentive; option D wrongly makes the first instalment 20 per cent.