1. What is the primary objective of the ‘NPS Vatsalya scheme’, recently launched by Finance Minister of India?
[A] To help parents and guardians plan for their children’s future financial needs
[B] To offer education loans to students for higher education
[C] To provide health insurance to tribal families
[D] None of the above
Show Answer
Correct Answer: A [To help parents and guardians plan for their children’s future financial needs]
Notes:
Nirmala Sitharaman, the Union Finance Minister, launched the NPS Vatsalya scheme for minors on 17 September 2024 in New Delhi. The event was attended by schoolchildren and held in 75 locations across India. The scheme was initially announced in the 2024-25 union budget. NPS Vatsalya is regulated by the Pension Fund Regulatory and Development Authority (PFRDA).
It allows parents or guardians to open an account for their children to save for future financial needs. The funds accumulate until the child turns 18, after which they are transferred to a standard NPS account.
2. “Subhadra Scheme”, recently seen in the news, is the largest women-centric scheme of which state?
[A] Uttar Pradesh
[B] Odisha
[C] Bihar
[D] Rajasthan
Show Answer
Correct Answer: B [Odisha]
Notes:
Prime Minister Narendra Modi launched Odisha’s Subhadra Yojana on his 74th birthday, alongside railway and highway projects. Subhadra Yojana aims to empower women, offering 50,000 rupees over five years to eligible women aged 21-60. Over one crore women will benefit, with 1,250 crore rupees transferred to 25 lakh women. He also inaugurated railway and highway projects worth 2,800 crore and 1,000 crore rupees, respectively.
Modi launched the Awaas+ 2024 app and new PMAY guidelines.
3. Fast-track special courts (FTSCs), recently seen in the news, is a centrally sponsored scheme, launched in which year?
[A] 2020
[B] 2021
[C] 2022
[D] 2019
Show Answer
Correct Answer: D [2019]
Notes:
Fast Track Special Courts (FTSCs) are more efficient in handling rape cases and those under the Protection of Children from Sexual Offences (POCSO) Act. FTSCs were launched in 2019 under a centrally sponsored scheme, extended until 2026.
The Centre funds FTSCs through the Nirbhaya Fund, and the Department of Justice implements the scheme. The goal is swift disposal of rape and POCSO cases. Currently, 755 FTSCs, including 410 exclusive POCSO courts, are operational across 30 states/UTs. In 2022, FTSCs resolved 83% of cases, compared to 10% in conventional courts.
4. What is the primary objective of the ‘Vivad Se Vishwas Scheme 2024 (VSV 2.0)’, recently seen in news?
[A] To introduce new tax categories
[B] To increase tax rates
[C] To reduce ongoing litigations related to income tax
[D] None of the Above
Show Answer
Correct Answer: C [To reduce ongoing litigations related to income tax]
Notes:
The Finance Ministry announced that the second edition of the Direct Tax Vivad se Viswas scheme 2024 (VSV 2.0) will soon be operational. This scheme aims to reduce ongoing income tax litigations. VSV 2.0 allows taxpayers and the Income Tax Department to resolve disputes through a streamlined appeals process. It covers appeals pending as of July 22, 2024, and waives penalties and interest for settlements, ensuring no prosecution for resolved cases. The scheme excludes certain cases, such as those involving searches or serious offenses. Its goal is to provide a cost-effective way to settle disputes, easing the litigation burden on taxpayers and the judicial system.
5. What is the name of scheme recently approved by Bihar government to improve rural infrastructure?
[A] Mukhyamantri Sehrikaran Yojana
[B] Chief Minister Infrastructure Project Development Fund scheme
[C] Mukhyamantri Gramin Setu Nirman Yojana
[D] Mukhyamantri Gatishakti Yojana
Show Answer
Correct Answer: C [Mukhyamantri Gramin Setu Nirman Yojana]
Notes:
The Bihar government recently approved the “Mukhyamantri Gramin Setu Nirman Yojana” (MGSNY) to improve rural infrastructure. The scheme aims to enhance connectivity by constructing 1,000 small bridges in rural areas. It focuses on remote regions that struggle with poor infrastructure. The initiative will help address accessibility issues during monsoon seasons when rivers overflow and cut off villages.
6. Which state government recently launched “CM-SATH Scheme” to provide financial support to deserving students?
[A] Tripura
[B] Assam
[C] Manipur
[D] Nagaland
Show Answer
Correct Answer: A [Tripura]
Notes:
Tripura Chief Minister Dr. Manik Saha recently launched Chief Minister’s Scholarship for Achievers Towards Higher Learning (CM-SATH) scheme for students from low-income families. It aims to provide financial support to deserving students in Tripura. This initiative targets students whose family income is up to Rs 2,50,000 and who do not receive any other government scholarships. The program is part of a broader effort to enhance educational opportunities for children from low-income families, similar to initiatives in other states.
7. What is the name of national responsible tourism initiatives, recently launched by Ministry of Tourism?
[A] Paryatan Mitra & Paryatan Didi
[B] Viksit Bharat
[C] Dekho Apna Desh
[D] None of the Above
Show Answer
Correct Answer: A [Paryatan Mitra & Paryatan Didi]
Notes:
The Ministry of Tourism launched the ‘Paryatan Mitra & Paryatan Didi’ initiative on September 27th, World Tourism Day. It aligns with the Prime Minister’s vision of promoting tourism for social inclusion, employment, and economic growth.
The initiative was piloted at six tourist destinations across India, including Orchha, Gandikota, Bodh Gaya, Aizawl, Jodhpur, and Sri Vijaya Puram. It aims to train individuals, such as drivers, hotel staff, and shopkeepers, to enhance the tourist experience and act as ambassadors. The initiative promotes cleanliness, safety, and hospitality, inspired by ‘Athithi Devo Bhava.’
8. Which state government has recently launched “Nijut Moina Scheme” for girls education?
[A] Assam
[B] Manipur
[C] Nagaland
[D] Mizoram
Show Answer
Correct Answer: A [Assam]
Notes:
The Assam government has launched the ‘Nijut Moina’ scheme to combat child marriage and support girl students in pursuing higher studies. The scheme provides monthly stipends: Rs 1,000 for Classes 11-12, Rs 1,250 for degree students, and Rs 2,500 for post-graduate students. To qualify, students must attend classes regularly, demonstrate discipline, perform well in exams, and delay marriage until after completing their post-graduation. This initiative aims to empower girls and promote education in Assam.
9. Which state government launched the Anna Bhagya Scheme (ABS)?
[A] Rajasthan
[B] Gujarat
[C] Karnataka
[D] Maharashtra
Show Answer
Correct Answer: C [Karnataka]
Notes:
The Anna Bhagya Scheme (ABS) is a cash transfer initiative launched in Karnataka, aimed at enhancing food security by providing unconditional cash transfers to beneficiaries, enabling them to purchase food grains. This innovative approach has shown to improve household welfare, increase financial inclusion, and facilitate savings among marginalized communities. The scheme was introduced as a response to the unavailability of additional rice for distribution, marking a significant shift from traditional food rationing methods. Recent studies indicate that ABS has positively impacted consumption patterns and financial behavior among its beneficiaries.
10. The ‘Namo Drone Didi’ scheme, recently approved by the Government, aims to provide drones to which group?
[A] Women Self Help Groups (SHGs)
[B] Agricultural Cooperatives of northeastern India
[C] Educational Institutions
[D] Youth Organizations
Show Answer
Correct Answer: A [Women Self Help Groups (SHGs)]
Notes:
The ‘Namo Drone Didi’ scheme allocates ₹1261 Crores to empower 14,500 Women Self Help Groups from 2024 to 2026. It provides drones for agricultural services, specifically for applying fertilizers and pesticides. The initiative, under the Ministry of Agriculture, aims to enhance efficiency in farming and create sustainable livelihoods for women, while also promoting the use of advanced technology in agriculture. The operational guidelines emphasize training and support for effective implementation.