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Skill Development & Social Justice MCQ — 203 Practice Questions with Answers

Skill Development & Social Justice is a Indian Economy topic in the RAS/RPSC syllabus. This page gathers exam-style Skill Development & Social Justice multiple-choice questions with correct answers and explanations, so aspirants can test recall and revise frequently examined concepts.

Practice 203 Skill Development & Social Justice multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

203 Questions Indian Economy

Reviewed by: Aspirant Academy Editorial Team

Practice Questions

Q1. Consider the following statements about PM Vishwakarma: 1. PM Vishwakarma was launched in September 2023. 2. It targets traditional artisans and craftspeople in 18 trades. 3. It provides credit support up to Rs 5 lakh. Which of the statements given above are correct?

A 2 and 3 only
B 1 and 2 only Correct
C 1, 2 and 3
D 1 and 3 only

Explanation

Statement 1 is correct because PM Vishwakarma was launched in September 2023. Statement 2 is correct because it covers traditional artisans and craftspeople in 18 trades. Statement 3 is incorrect because the credit support is up to Rs 3 lakh, not Rs 5 lakh.

Q2. Consider the following statements: 1. Atal Pension Yojana provides a government-guaranteed minimum pension from Rs. 1,000 to Rs. 5,000 per month after the age of 60 years. 2. The minimum joining age under Atal Pension Yojana is 18 years and the maximum joining age is 40 years. 3. Atal Pension Yojana is administered by SEBI. Which of the statements given above are correct?

A 1 and 2 only Correct
B 2 and 3 only
C 1 and 3 only
D 1, 2 and 3

Explanation

Statements 1 and 2 are correct: APY gives a government-guaranteed minimum pension of Rs. 1,000 to Rs. 5,000 per month after age 60, and the joining age is 18-40 years. Statement 3 is incorrect because APY is administered by PFRDA, not SEBI.

Q3. Consider the following statements: 1. EPFO is a statutory body under the Ministry of Labour and Employment. 2. EPFO administers the EPF & MP Act, 1952 and is linked to retirement savings. 3. EPFO manages a retirement savings scheme with fewer than 3 crore members. Which of the statements given above are correct?

A 1 only
B 1 and 2 only Correct
C 1, 2 and 3
D 2 and 3 only

Explanation

Statement 1 is correct because EPFO is a statutory body under the Ministry of Labour and Employment. Statement 2 is correct because it administers the EPF & MP Act, 1952. Statement 3 is incorrect because EPFO manages the world's largest retirement savings scheme with over 30 crore members, not fewer than 3 crore members.

Q4. Vishwas Scheme reduces EPF penal damages to a uniform rate of what per month?

A 1% Correct
B 2%
C 0.5%
D 3%

Explanation

Vishwas Scheme reduces penal damages to a uniform 1%/month (graded: 0.25% up to 2 months, 0.50% up to 4 months).

Q5. Consider the following statements: 1. Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana provides health cover of Rs. 5 lakh per family per year for secondary and tertiary hospitalization. 2. The National Pension System is regulated by SEBI. 3. PM Ujjwala Yojana was launched in May 2016 to provide free LPG connections to women from BPL families. Which of the statements given above are correct?

A 1 and 2 only
B 2 and 3 only
C Only 2
D 1 and 3 only Correct

Explanation

Statements 1 and 3 are correct: PM-JAY provides Rs. 5 lakh cover for secondary and tertiary hospitalization, and Ujjwala was launched in May 2016 for free LPG connections to women from BPL families. Statement 2 is incorrect because NPS is regulated by PFRDA, not SEBI.

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Frequently Asked Questions

How many Skill Development & Social Justice MCQ questions are available?
There are 203 Skill Development & Social Justice practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.
Are answers and explanations provided for Skill Development & Social Justice MCQs?
Yes, every Skill Development & Social Justice question comes with the correct answer and a detailed explanation to help you understand the underlying concept.
How is Skill Development & Social Justice relevant to the RAS/RPSC exam?
Skill Development & Social Justice falls under the Indian Economy section of the RAS/RPSC syllabus. It is a frequently tested area and regular practice with these MCQs will strengthen your preparation.
Can I practice Skill Development & Social Justice questions in Hindi?
Yes, Aspirant Academy offers bilingual support. You can practice Skill Development & Social Justice MCQs in both English and Hindi, including questions, options, and explanations.

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