Q. Which of the following initiatives is correctly matched with its primary objective?
1.PMJDY – Financial inclusion via access to banking and insurance
2.Start-up India – Facilitating innovation and entrepreneurship
3.PMKVY – Providing long-term professional degrees in technical fields
4.FDI reform in Insurance Sector – Allowing up to 74% FDI in insurance companies
Select the correct answer using the code below:
Answer: A
Notes:
Explanation:
- PMJDY aims at financial inclusion via bank accounts and insurance
- Start-up India promotes entrepreneurship and innovation
- PMKVY provides short-duration skill-based training, not long-term professional degrees
- FDI in insurance has been raised to 74% for insurance companies
Source- 11th NCERT: Economics: Indian Economic Development and TMH Indian Economy by Ramesh Singh
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