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Government Schemes MCQ — 3 Practice Questions with Answers

Government Schemes is a Rajasthan Political & Administrative System topic in the RAS/RPSC syllabus. This page gathers exam-style Government Schemes multiple-choice questions with correct answers and explanations, so aspirants can test recall and revise frequently examined concepts.

Practice 3 Government Schemes multiple-choice questions with detailed answers and explanations. Ideal for RAS/RPSC exam preparation.

3 Questions Rajasthan Political & Administrative System

Reviewed by: Aspirant Academy Editorial Team

Practice Questions

Q1. Consider the following statements regarding the PM SVANidhi scheme as it completed six years on 1 June 2026:\n1. The maximum third-tranche collateral-free loan a street vendor can receive under the scheme is Rupees 1 lakh.\n2. The scheme is open only to vendors in the six largest metropolitan cities of India.\n\nWhich of the statements given above is/are correct?

A 1 only
B 2 only
C Both 1 and 2
D Neither 1 nor 2 Correct

Explanation

Statement 1 is incorrect: The maximum third tranche under PM SVANidhi is Rupees 50,000, not Rupees 1 lakh. Loans are structured as Rupees 10,000, Rupees 20,000 and Rupees 50,000 on timely repayment. Statement 2 is incorrect: The scheme covers urban street vendors across all cities and towns of India, not just metropolitan cities, and over 75 lakh vendors have benefitted across the country.

Q2. Which of the following Acts, notified on 12 May 2026, will replace MGNREGA from 1 July 2026 with a guarantee of 125 days of rural wage employment?

A Pradhan Mantri Gram Rozgar Guarantee Act 2025
B Rural Employment Assurance Act 2025
C Viksit Bharat-G RAM G Act 2025 Correct
D Antyodaya Rural Livelihood Act 2025

Explanation

The government notified the Viksit Bharat-G RAM G Act 2025 on 12 May 2026 to replace MGNREGA from 1 July 2026. It guarantees 125 days of rural wage employment and carries a central allocation of Rs 95,692 crore for FY 2026-27.

Q3. Which Union Ministry is the nodal ministry for the implementation of the PM Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) scheme, which completed six years on 1 June 2026?

A Ministry of Finance
B Ministry of Micro, Small and Medium Enterprises
C Ministry of Housing and Urban Affairs Correct
D Ministry of Labour and Employment

Explanation

The PM SVANidhi scheme is implemented by the Ministry of Housing and Urban Affairs. It was launched on 1 June 2020 during the COVID-19 pandemic to provide collateral-free working capital loans to urban street vendors through banks, regional rural banks, small finance banks, NBFCs and cooperative banks.

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Frequently Asked Questions

How many Government Schemes MCQ questions are available?
There are 3 Government Schemes practice MCQs available on Aspirant Academy, with detailed answers and explanations for each question.
Are answers and explanations provided for Government Schemes MCQs?
Yes, every Government Schemes question comes with the correct answer and a detailed explanation to help you understand the underlying concept.
How is Government Schemes relevant to the RAS/RPSC exam?
Government Schemes falls under the Rajasthan Political & Administrative System 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 Government Schemes questions in Hindi?
Yes, Aspirant Academy offers bilingual support. You can practice Government Schemes MCQs in both English and Hindi, including questions, options, and explanations.

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