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SVEP Financing MCQ - Practice Questions with Answers

Solve 1 SVEP Financing questions for RAS/RPSC preparation.

Practice questions

Q1Consider the following Assertion and Reason: Assertion: SVEP supports rural non-farm enterprises through finance, training, mentoring and community-led institutional assistance. Reason: By February 2026, the government had released a total central share of ₹942.09 crore for SVEP. Which of the following is correct?

A Both the Assertion and the Reason are true, and the Reason is the correct explanation of the Assertion
B Both the Assertion and the Reason are true, but the Reason is not the correct explanation of the Assertion
C The Assertion is true, but the Reason is false
D The Assertion is false, but the Reason is true
Explanation

Both statements are true. SVEP provides the forms of support described in the Assertion, and the government had released ₹942.09 crore as the total central share by February 2026. However, the release amount does not explain the programme's operating channels of finance, training, mentoring and community-led institutional support.

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