Consider the following statements regarding the PM Vishwakarma Scheme: 1. It is a Centrally Sponsored Scheme. 2. The scheme covers 18 trades and offers collateral-free loans up to Rs. 3 lakh. 3. It has no provision of providing stipend during training. Which of the above statements is/are correct? |ForumIAS

Q. Consider the following statements regarding the PM Vishwakarma Scheme:
1.It is a Centrally Sponsored Scheme.
2.The scheme covers 18 trades and offers collateral-free loans up to Rs. 3 lakh.
3.It has no provision of providing stipend during training.
Which of the above statements is/are correct?

[A] 1 and 2 only

[B] 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: B

Notes:

Explanation: 2 only

The scheme is a Central Sector Scheme, not sponsored; it covers 18 trades with loans up to Rs. 3 lakh, and trainees receive a Rs. 500/day stipend, so statements 1 and 3 are incorrect.

Source: AIR