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UPSC Current Affairs Quiz : 16 September 2024

Kartavya Desk Staff

The Current Affairs Quiz 2024 is a daily quiz based on the DAILY CURRENT AFFAIRS AND PIB SUMMARY from the previous day, as posted on our website. It covers all relevant news sources and is designed to test your knowledge of current events. Solving these questions will help you retain both concepts and facts relevant to the UPSC IAS civil services exam.

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• Question 1 of 10 1. Question 1 points Which of the following statements is correct regarding the National Social Assistance Programme (NSAP)? a) It provides pensions to all elderly citizens in India. b) It is a contributory pension scheme for senior citizens. c) It is administered by the Ministry of Health and Family Welfare. d) It offers non-contributory pensions to the elderly, widows, and disabled individuals. Correct Solution: d) NSAP is a welfare program aimed at providing financial assistance to vulnerable sections of society, including the elderly, widowed women, and disabled individuals. The scheme is non-contributory, meaning beneficiaries do not need to contribute financially to receive the pension. It is administered by the Ministry of Rural Development, not by the Ministry of Health and Family Welfare, which differentiates it from many health-related schemes. The program serves as an important social safety net for disadvantaged individuals, particularly those below the poverty line (BPL), helping to secure a minimum level of financial support. Incorrect Solution: d) NSAP is a welfare program aimed at providing financial assistance to vulnerable sections of society, including the elderly, widowed women, and disabled individuals. The scheme is non-contributory, meaning beneficiaries do not need to contribute financially to receive the pension. It is administered by the Ministry of Rural Development, not by the Ministry of Health and Family Welfare, which differentiates it from many health-related schemes. The program serves as an important social safety net for disadvantaged individuals, particularly those below the poverty line (BPL), helping to secure a minimum level of financial support.

#### 1. Question

Which of the following statements is correct regarding the National Social Assistance Programme (NSAP)?

• a) It provides pensions to all elderly citizens in India.

• b) It is a contributory pension scheme for senior citizens.

• c) It is administered by the Ministry of Health and Family Welfare.

• d) It offers non-contributory pensions to the elderly, widows, and disabled individuals.

Solution: d)

NSAP is a welfare program aimed at providing financial assistance to vulnerable sections of society, including the elderly, widowed women, and disabled individuals. The scheme is non-contributory, meaning beneficiaries do not need to contribute financially to receive the pension. It is administered by the Ministry of Rural Development, not by the Ministry of Health and Family Welfare, which differentiates it from many health-related schemes. The program serves as an important social safety net for disadvantaged individuals, particularly those below the poverty line (BPL), helping to secure a minimum level of financial support.

Solution: d)

NSAP is a welfare program aimed at providing financial assistance to vulnerable sections of society, including the elderly, widowed women, and disabled individuals. The scheme is non-contributory, meaning beneficiaries do not need to contribute financially to receive the pension. It is administered by the Ministry of Rural Development, not by the Ministry of Health and Family Welfare, which differentiates it from many health-related schemes. The program serves as an important social safety net for disadvantaged individuals, particularly those below the poverty line (BPL), helping to secure a minimum level of financial support.

• Question 2 of 10 2. Question 1 points With reference to green hydrogen, consider the following statements: Green hydrogen production uses renewable energy sources such as solar or wind power for electrolysis. Green hydrogen emits significantly lower carbon emissions compared to grey hydrogen, which is produced from fossil fuels. The Bureau of Energy Efficiency (BEE) is under the Ministry of New & Renewable Energy, which oversees the green hydrogen initiative in India. Which of the statements given above is/are correct? a) 1 and 2 only b) 2 and 3 only c) 1 and 3 only d) 1, 2, and 3 Correct Solution: a) Statements 1 and 2 are correct. Green hydrogen is produced using electrolysis powered by renewable energy sources such as solar and wind, which makes it a clean alternative to grey hydrogen, which is derived from fossil fuels like natural gas. Grey hydrogen production results in higher CO2 emissions, approximately 10 kg of CO2 per kg of hydrogen, whereas green hydrogen limits emissions to below 2 kg CO2 per kg. Statement 3 is incorrect because the Bureau of Energy Efficiency (BEE) is under the Ministry of Power, not the Ministry of New & Renewable Energy. Incorrect Solution: a) Statements 1 and 2 are correct. Green hydrogen is produced using electrolysis powered by renewable energy sources such as solar and wind, which makes it a clean alternative to grey hydrogen, which is derived from fossil fuels like natural gas. Grey hydrogen production results in higher CO2 emissions, approximately 10 kg of CO2 per kg of hydrogen, whereas green hydrogen limits emissions to below 2 kg CO2 per kg. Statement 3 is incorrect because the Bureau of Energy Efficiency (BEE) is under the Ministry of Power, not the Ministry of New & Renewable Energy.

#### 2. Question

With reference to green hydrogen, consider the following statements:

• Green hydrogen production uses renewable energy sources such as solar or wind power for electrolysis.

• Green hydrogen emits significantly lower carbon emissions compared to grey hydrogen, which is produced from fossil fuels.

• The Bureau of Energy Efficiency (BEE) is under the Ministry of New & Renewable Energy, which oversees the green hydrogen initiative in India.

Which of the statements given above is/are correct?

• a) 1 and 2 only

• b) 2 and 3 only

• c) 1 and 3 only

• d) 1, 2, and 3

Solution: a)

Statements 1 and 2 are correct. Green hydrogen is produced using electrolysis powered by renewable energy sources such as solar and wind, which makes it a clean alternative to grey hydrogen, which is derived from fossil fuels like natural gas. Grey hydrogen production results in higher CO2 emissions, approximately 10 kg of CO2 per kg of hydrogen, whereas green hydrogen limits emissions to below 2 kg CO2 per kg. Statement 3 is incorrect because the Bureau of Energy Efficiency (BEE) is under the Ministry of Power, not the Ministry of New & Renewable Energy.

Solution: a)

Statements 1 and 2 are correct. Green hydrogen is produced using electrolysis powered by renewable energy sources such as solar and wind, which makes it a clean alternative to grey hydrogen, which is derived from fossil fuels like natural gas. Grey hydrogen production results in higher CO2 emissions, approximately 10 kg of CO2 per kg of hydrogen, whereas green hydrogen limits emissions to below 2 kg CO2 per kg. Statement 3 is incorrect because the Bureau of Energy Efficiency (BEE) is under the Ministry of Power, not the Ministry of New & Renewable Energy.

• Question 3 of 10 3. Question 1 points Consider the following statements regarding the Integrated Program for Older Persons (IPOP): It aims to enhance the quality of life of senior citizens by providing food, shelter, and medical care. It is specifically designed for elderly individuals living in urban areas. The program includes provisions for entertainment opportunities for senior citizens. Which of the statements given above is/are correct? a) 1, 2, and 3 b) 2 and 3 only c) 1 only d) 1 and 3 only Correct Solution: d) The Integrated Program for Older Persons (IPOP) is designed to improve the quality of life for senior citizens by ensuring they have access to basic amenities like food, shelter, and medical care. Additionally, the program includes provisions for entertainment opportunities to enhance their mental well-being. However, the scheme is not restricted to elderly individuals in urban areas; it is meant for senior citizens across both rural and urban regions. The holistic approach of the scheme focuses on ensuring that the elderly, especially those who are economically and socially disadvantaged, can lead a dignified life with access to essential services. Incorrect Solution: d) The Integrated Program for Older Persons (IPOP) is designed to improve the quality of life for senior citizens by ensuring they have access to basic amenities like food, shelter, and medical care. Additionally, the program includes provisions for entertainment opportunities to enhance their mental well-being. However, the scheme is not restricted to elderly individuals in urban areas; it is meant for senior citizens across both rural and urban regions. The holistic approach of the scheme focuses on ensuring that the elderly, especially those who are economically and socially disadvantaged, can lead a dignified life with access to essential services.

#### 3. Question

Consider the following statements regarding the Integrated Program for Older Persons (IPOP):

• It aims to enhance the quality of life of senior citizens by providing food, shelter, and medical care.

• It is specifically designed for elderly individuals living in urban areas.

• The program includes provisions for entertainment opportunities for senior citizens.

Which of the statements given above is/are correct?

• a) 1, 2, and 3

• b) 2 and 3 only

• d) 1 and 3 only

Solution: d)

The Integrated Program for Older Persons (IPOP) is designed to improve the quality of life for senior citizens by ensuring they have access to basic amenities like food, shelter, and medical care. Additionally, the program includes provisions for entertainment opportunities to enhance their mental well-being. However, the scheme is not restricted to elderly individuals in urban areas; it is meant for senior citizens across both rural and urban regions. The holistic approach of the scheme focuses on ensuring that the elderly, especially those who are economically and socially disadvantaged, can lead a dignified life with access to essential services.

Solution: d)

The Integrated Program for Older Persons (IPOP) is designed to improve the quality of life for senior citizens by ensuring they have access to basic amenities like food, shelter, and medical care. Additionally, the program includes provisions for entertainment opportunities to enhance their mental well-being. However, the scheme is not restricted to elderly individuals in urban areas; it is meant for senior citizens across both rural and urban regions. The holistic approach of the scheme focuses on ensuring that the elderly, especially those who are economically and socially disadvantaged, can lead a dignified life with access to essential services.

• Question 4 of 10 4. Question 1 points With reference to the Rashtriya Vayoshree Yojana, consider the following statements: It provides aids and assistive devices to elderly individuals below the poverty line. The scheme is funded through the Senior Citizens’ Welfare Fund. It is a contributory scheme requiring a nominal contribution from beneficiaries. Which of the statements given above is/are correct? a) 1 and 2 only b) 1 and 3 only c) 2 and 3 only d) 1, 2, and 3 Correct Solution: a) Rashtriya Vayoshree Yojana is a central sector scheme designed to provide assistive devices such as walking sticks, wheelchairs, hearing aids, and spectacles to elderly individuals below the poverty line (BPL). The goal is to improve their physical mobility and ensure they can perform daily activities with ease. The scheme is entirely funded by the Senior Citizens’ Welfare Fund and is non-contributory, meaning the beneficiaries do not need to contribute any amount to avail the benefits. This scheme is crucial in aiding elderly individuals with age-related disabilities, ensuring they maintain a degree of independence despite their physical limitations. Incorrect Solution: a) Rashtriya Vayoshree Yojana is a central sector scheme designed to provide assistive devices such as walking sticks, wheelchairs, hearing aids, and spectacles to elderly individuals below the poverty line (BPL). The goal is to improve their physical mobility and ensure they can perform daily activities with ease. The scheme is entirely funded by the Senior Citizens’ Welfare Fund and is non-contributory, meaning the beneficiaries do not need to contribute any amount to avail the benefits. This scheme is crucial in aiding elderly individuals with age-related disabilities, ensuring they maintain a degree of independence despite their physical limitations.

#### 4. Question

With reference to the Rashtriya Vayoshree Yojana, consider the following statements:

• It provides aids and assistive devices to elderly individuals below the poverty line.

• The scheme is funded through the Senior Citizens’ Welfare Fund.

• It is a contributory scheme requiring a nominal contribution from beneficiaries.

Which of the statements given above is/are correct?

• a) 1 and 2 only

• b) 1 and 3 only

• c) 2 and 3 only

• d) 1, 2, and 3

Solution: a)

Rashtriya Vayoshree Yojana is a central sector scheme designed to provide assistive devices such as walking sticks, wheelchairs, hearing aids, and spectacles to elderly individuals below the poverty line (BPL). The goal is to improve their physical mobility and ensure they can perform daily activities with ease. The scheme is entirely funded by the Senior Citizens’ Welfare Fund and is non-contributory, meaning the beneficiaries do not need to contribute any amount to avail the benefits. This scheme is crucial in aiding elderly individuals with age-related disabilities, ensuring they maintain a degree of independence despite their physical limitations.

Solution: a)

Rashtriya Vayoshree Yojana is a central sector scheme designed to provide assistive devices such as walking sticks, wheelchairs, hearing aids, and spectacles to elderly individuals below the poverty line (BPL). The goal is to improve their physical mobility and ensure they can perform daily activities with ease. The scheme is entirely funded by the Senior Citizens’ Welfare Fund and is non-contributory, meaning the beneficiaries do not need to contribute any amount to avail the benefits. This scheme is crucial in aiding elderly individuals with age-related disabilities, ensuring they maintain a degree of independence despite their physical limitations.

• Question 5 of 10 5. Question 1 points Which organization in India started the first green hydrogen blending operation in the Piped Natural Gas (PNG) network? a) Indian Oil Corporation b) NTPC c) Oil India Limited d) GAIL Correct Solution: b) NTPC, at its Kawas facility in Surat, initiated India’s first green hydrogen blending operation within the Piped Natural Gas (PNG) network. This operation signifies the blending of green hydrogen into the existing natural gas supply, offering an innovative approach to reducing carbon emissions from natural gas usage. This blending marks a critical step in decarbonizing India’s energy supply chain, leveraging hydrogen’s potential as a clean fuel for a sustainable future. The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved a 5% blending of green hydrogen with PNG, with the potential for scaling to 20% in the future. Incorrect Solution: b) NTPC, at its Kawas facility in Surat, initiated India’s first green hydrogen blending operation within the Piped Natural Gas (PNG) network. This operation signifies the blending of green hydrogen into the existing natural gas supply, offering an innovative approach to reducing carbon emissions from natural gas usage. This blending marks a critical step in decarbonizing India’s energy supply chain, leveraging hydrogen’s potential as a clean fuel for a sustainable future. The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved a 5% blending of green hydrogen with PNG, with the potential for scaling to 20% in the future.

#### 5. Question

Which organization in India started the first green hydrogen blending operation in the Piped Natural Gas (PNG) network?

• a) Indian Oil Corporation

• c) Oil India Limited

Solution: b)

NTPC, at its Kawas facility in Surat, initiated India’s first green hydrogen blending operation within the Piped Natural Gas (PNG) network. This operation signifies the blending of green hydrogen into the existing natural gas supply, offering an innovative approach to reducing carbon emissions from natural gas usage. This blending marks a critical step in decarbonizing India’s energy supply chain, leveraging hydrogen’s potential as a clean fuel for a sustainable future. The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved a 5% blending of green hydrogen with PNG, with the potential for scaling to 20% in the future.

Solution: b)

NTPC, at its Kawas facility in Surat, initiated India’s first green hydrogen blending operation within the Piped Natural Gas (PNG) network. This operation signifies the blending of green hydrogen into the existing natural gas supply, offering an innovative approach to reducing carbon emissions from natural gas usage. This blending marks a critical step in decarbonizing India’s energy supply chain, leveraging hydrogen’s potential as a clean fuel for a sustainable future. The Petroleum and Natural Gas Regulatory Board (PNGRB) has approved a 5% blending of green hydrogen with PNG, with the potential for scaling to 20% in the future.

• Question 6 of 10 6. Question 1 points What is the primary objective of the SAMPANN Project? a) To provide insurance benefits to Department of Telecommunications employees. b) To establish a retirement fund for all central government employees. c) To create an online pension processing system for Department of Telecommunications pensioners. d) To enable medical services for retired employees of the Ministry of Communications. Correct Solution: c) The SAMPANN (System for Accounting and Management of Pension) project, launched in 2018, is an online pension processing system specifically for pensioners from the Department of Telecommunications (DoT). It allows for the direct credit of pensions into the bank accounts of retirees, streamlining the pension process and eliminating the delays commonly associated with manual processing. This system enhances transparency, efficiency, and accountability, ensuring that pensioners receive their funds without unnecessary bureaucratic hurdles. By integrating technology into pension management, the SAMPANN Project has improved the financial security and convenience for retired DoT employees. Incorrect Solution: c) The SAMPANN (System for Accounting and Management of Pension) project, launched in 2018, is an online pension processing system specifically for pensioners from the Department of Telecommunications (DoT). It allows for the direct credit of pensions into the bank accounts of retirees, streamlining the pension process and eliminating the delays commonly associated with manual processing. This system enhances transparency, efficiency, and accountability, ensuring that pensioners receive their funds without unnecessary bureaucratic hurdles. By integrating technology into pension management, the SAMPANN Project has improved the financial security and convenience for retired DoT employees.

#### 6. Question

What is the primary objective of the SAMPANN Project?

• a) To provide insurance benefits to Department of Telecommunications employees.

• b) To establish a retirement fund for all central government employees.

• c) To create an online pension processing system for Department of Telecommunications pensioners.

• d) To enable medical services for retired employees of the Ministry of Communications.

Solution: c)

The SAMPANN (System for Accounting and Management of Pension) project, launched in 2018, is an online pension processing system specifically for pensioners from the Department of Telecommunications (DoT). It allows for the direct credit of pensions into the bank accounts of retirees, streamlining the pension process and eliminating the delays commonly associated with manual processing. This system enhances transparency, efficiency, and accountability, ensuring that pensioners receive their funds without unnecessary bureaucratic hurdles. By integrating technology into pension management, the SAMPANN Project has improved the financial security and convenience for retired DoT employees.

Solution: c)

The SAMPANN (System for Accounting and Management of Pension) project, launched in 2018, is an online pension processing system specifically for pensioners from the Department of Telecommunications (DoT). It allows for the direct credit of pensions into the bank accounts of retirees, streamlining the pension process and eliminating the delays commonly associated with manual processing. This system enhances transparency, efficiency, and accountability, ensuring that pensioners receive their funds without unnecessary bureaucratic hurdles. By integrating technology into pension management, the SAMPANN Project has improved the financial security and convenience for retired DoT employees.

• Question 7 of 10 7. Question 1 points Which of the following best describes the SACRED Portal for Elderly? a) It provides free healthcare services to elderly citizens. b) It connects senior citizens to job opportunities and work guidance. c) It offers subsidized housing for elderly individuals in urban areas. d) It helps elderly citizens register for government welfare schemes. Correct Solution: b) The SACRED (Senior Able Citizens for Re-Employment in Dignity) portal, developed by the Ministry of Social Justice and Empowerment, is an initiative aimed at helping citizens above 60 find job opportunities. The platform allows elderly individuals to register and explore employment options, giving them the chance to remain financially independent and active in society. Besides job listings, the portal provides access to various forms of information and guidance on issues that may affect senior citizens. This initiative helps ensure that elderly individuals are not left out of the workforce due to age, offering them opportunities to contribute meaningfully to society. Incorrect Solution: b) The SACRED (Senior Able Citizens for Re-Employment in Dignity) portal, developed by the Ministry of Social Justice and Empowerment, is an initiative aimed at helping citizens above 60 find job opportunities. The platform allows elderly individuals to register and explore employment options, giving them the chance to remain financially independent and active in society. Besides job listings, the portal provides access to various forms of information and guidance on issues that may affect senior citizens. This initiative helps ensure that elderly individuals are not left out of the workforce due to age, offering them opportunities to contribute meaningfully to society.

#### 7. Question

Which of the following best describes the SACRED Portal for Elderly?

• a) It provides free healthcare services to elderly citizens.

• b) It connects senior citizens to job opportunities and work guidance.

• c) It offers subsidized housing for elderly individuals in urban areas.

• d) It helps elderly citizens register for government welfare schemes.

Solution: b)

The SACRED (Senior Able Citizens for Re-Employment in Dignity) portal, developed by the Ministry of Social Justice and Empowerment, is an initiative aimed at helping citizens above 60 find job opportunities. The platform allows elderly individuals to register and explore employment options, giving them the chance to remain financially independent and active in society. Besides job listings, the portal provides access to various forms of information and guidance on issues that may affect senior citizens. This initiative helps ensure that elderly individuals are not left out of the workforce due to age, offering them opportunities to contribute meaningfully to society.

Solution: b)

The SACRED (Senior Able Citizens for Re-Employment in Dignity) portal, developed by the Ministry of Social Justice and Empowerment, is an initiative aimed at helping citizens above 60 find job opportunities. The platform allows elderly individuals to register and explore employment options, giving them the chance to remain financially independent and active in society. Besides job listings, the portal provides access to various forms of information and guidance on issues that may affect senior citizens. This initiative helps ensure that elderly individuals are not left out of the workforce due to age, offering them opportunities to contribute meaningfully to society.

• Question 8 of 10 8. Question 1 points With reference to the SAGE (Seniorcare Ageing Growth Engine) Initiative, consider the following statements: It is an initiative that supports entrepreneurship focused on elderly care services and products. The platform is intended to connect senior citizens directly to government pension schemes. It aims to promote start-ups that develop innovative solutions for elderly care. Which of the statements given above is/are correct? a) 1 and 3 only b) 2 and 3 only c) 1 only d) 1, 2, and 3 Correct Solution: a) The SAGE Initiative was launched to foster innovation and entrepreneurship in the field of elderly care. It provides a platform for start-ups that offer credible products and services for the elderly, supporting business ventures aimed at addressing the unique challenges of senior citizens. The initiative encourages the development of technology-driven solutions and services that improve the quality of life for elderly individuals. However, the platform does not deal with government pension schemes directly but instead focuses on promoting innovative care products and services designed for senior citizens, making it an important step toward addressing the growing needs of India’s aging population. Incorrect Solution: a) The SAGE Initiative was launched to foster innovation and entrepreneurship in the field of elderly care. It provides a platform for start-ups that offer credible products and services for the elderly, supporting business ventures aimed at addressing the unique challenges of senior citizens. The initiative encourages the development of technology-driven solutions and services that improve the quality of life for elderly individuals. However, the platform does not deal with government pension schemes directly but instead focuses on promoting innovative care products and services designed for senior citizens, making it an important step toward addressing the growing needs of India’s aging population.

#### 8. Question

With reference to the SAGE (Seniorcare Ageing Growth Engine) Initiative, consider the following statements:

• It is an initiative that supports entrepreneurship focused on elderly care services and products.

• The platform is intended to connect senior citizens directly to government pension schemes.

• It aims to promote start-ups that develop innovative solutions for elderly care.

Which of the statements given above is/are correct?

• a) 1 and 3 only

• b) 2 and 3 only

• d) 1, 2, and 3

Solution: a)

The SAGE Initiative was launched to foster innovation and entrepreneurship in the field of elderly care. It provides a platform for start-ups that offer credible products and services for the elderly, supporting business ventures aimed at addressing the unique challenges of senior citizens. The initiative encourages the development of technology-driven solutions and services that improve the quality of life for elderly individuals. However, the platform does not deal with government pension schemes directly but instead focuses on promoting innovative care products and services designed for senior citizens, making it an important step toward addressing the growing needs of India’s aging population.

Solution: a)

The SAGE Initiative was launched to foster innovation and entrepreneurship in the field of elderly care. It provides a platform for start-ups that offer credible products and services for the elderly, supporting business ventures aimed at addressing the unique challenges of senior citizens. The initiative encourages the development of technology-driven solutions and services that improve the quality of life for elderly individuals. However, the platform does not deal with government pension schemes directly but instead focuses on promoting innovative care products and services designed for senior citizens, making it an important step toward addressing the growing needs of India’s aging population.

• Question 9 of 10 9. Question 1 points Which of the following is true regarding the Pradhan Mantri Suraksha Bima Yojana (PMSBY)? a) It provides life insurance at an annual premium of Rs. 330. b) It offers coverage against accidental death and disability. c) The scheme is applicable for individuals aged between 18 to 50 years. d) The insurance coverage under this scheme is Rs. 5 lakhs for accidental death. Correct Solution: b) Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accident insurance scheme that provides coverage against accidental death and disability at an affordable premium. The coverage includes Rs. 2 lakhs for accidental death or full disability, and Rs. 1 lakh for partial disability. The scheme is available to individuals aged between 18 to 70 years. It is not a life insurance scheme like PMJJBY and is designed to offer financial protection in case of unforeseen accidents. Incorrect Solution: b) Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accident insurance scheme that provides coverage against accidental death and disability at an affordable premium. The coverage includes Rs. 2 lakhs for accidental death or full disability, and Rs. 1 lakh for partial disability. The scheme is available to individuals aged between 18 to 70 years. It is not a life insurance scheme like PMJJBY and is designed to offer financial protection in case of unforeseen accidents.

#### 9. Question

Which of the following is true regarding the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?

• a) It provides life insurance at an annual premium of Rs. 330.

• b) It offers coverage against accidental death and disability.

• c) The scheme is applicable for individuals aged between 18 to 50 years.

• d) The insurance coverage under this scheme is Rs. 5 lakhs for accidental death.

Solution: b)

Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accident insurance scheme that provides coverage against accidental death and disability at an affordable premium. The coverage includes Rs. 2 lakhs for accidental death or full disability, and Rs. 1 lakh for partial disability. The scheme is available to individuals aged between 18 to 70 years. It is not a life insurance scheme like PMJJBY and is designed to offer financial protection in case of unforeseen accidents.

Solution: b)

Pradhan Mantri Suraksha Bima Yojana (PMSBY) is an accident insurance scheme that provides coverage against accidental death and disability at an affordable premium. The coverage includes Rs. 2 lakhs for accidental death or full disability, and Rs. 1 lakh for partial disability. The scheme is available to individuals aged between 18 to 70 years. It is not a life insurance scheme like PMJJBY and is designed to offer financial protection in case of unforeseen accidents.

• Question 10 of 10 10. Question 1 points Which of the following statements about Atal Pension Yojana (APY) is correct? a) The scheme is available to individuals aged between 18 to 50 years. b) It offers life insurance with a coverage of Rs. 2 lakh. c) The minimum pension under this scheme is guaranteed by the government. d) There are no tax benefits available under this scheme. Correct Solution: c) Atal Pension Yojana (APY) is a pension scheme for individuals aged between 18 to 40 years, primarily targeting workers in the unorganized sector. Under this scheme, the government guarantees a minimum pension to the subscribers based on their contributions. It offers tax benefits under Section 80CCD and is focused on ensuring financial security for individuals during their old age. The amount of pension depends on the contribution and age of the subscriber. Incorrect Solution: c) Atal Pension Yojana (APY) is a pension scheme for individuals aged between 18 to 40 years, primarily targeting workers in the unorganized sector. Under this scheme, the government guarantees a minimum pension to the subscribers based on their contributions. It offers tax benefits under Section 80CCD and is focused on ensuring financial security for individuals during their old age. The amount of pension depends on the contribution and age of the subscriber.

#### 10. Question

Which of the following statements about Atal Pension Yojana (APY) is correct?

• a) The scheme is available to individuals aged between 18 to 50 years.

• b) It offers life insurance with a coverage of Rs. 2 lakh.

• c) The minimum pension under this scheme is guaranteed by the government.

• d) There are no tax benefits available under this scheme.

Solution: c)

Atal Pension Yojana (APY) is a pension scheme for individuals aged between 18 to 40 years, primarily targeting workers in the unorganized sector. Under this scheme, the government guarantees a minimum pension to the subscribers based on their contributions. It offers tax benefits under Section 80CCD and is focused on ensuring financial security for individuals during their old age. The amount of pension depends on the contribution and age of the subscriber.

Solution: c)

Atal Pension Yojana (APY) is a pension scheme for individuals aged between 18 to 40 years, primarily targeting workers in the unorganized sector. Under this scheme, the government guarantees a minimum pension to the subscribers based on their contributions. It offers tax benefits under Section 80CCD and is focused on ensuring financial security for individuals during their old age. The amount of pension depends on the contribution and age of the subscriber.

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