Questions Based on Stimulus Package 3.0

Questions Based on Stimulus Package 3.0

Finance Minister Nirmala Sitharaman’s targeted measures announced via a comprehensive stimulus package on Thursday will be a booster for the Indian economy that has been hit by the Covid-19 pandemic. The 12 areas covered as part of ‘Atmanirbhar Bharat 3.0’ across key sectors are well targeted, and promise to kickstart the engines of growth in the economy by bolstering demand, investments, exports and job creation.

Here are some Questions Based on Stimulus Package 3.0:

Question: The PLI scheme worth ₹ 1.46 lakh crore is launched to boost the efficiency and competitiveness of domestic manufacturing. What does PLI stands for?
Answer: Production-Linked Incentive

Question: ECLGS scheme for MSMEs, businesses, MUDRA borrowers and individuals (loans for business purposes), has been extended till March 31, 2021. What does ECLGS stands for?
Answer: Emergency Credit Line Guarantee Scheme

Question: Name the scheme, which was recently launched by Finance Minister to incentivise the creation of new employment opportunities for those who lost jobs earlier will get benefits from government.
Answer: Atmanirbhar Bharta Rozgar Yojana

Question: A credit guarantee support scheme for health care sector and 26 sectors stressed due to COVID-19 pandemic was also launched. The entities of the 26 stressed sectors are identified by which Committee ?
Answer: Kamath Committee

Question: Name the scheme launched for health care sector and 26 sectors stressed due to COVID-19 pandemic.
Answer: Credit Guarantee Support Scheme

Question: How much amount approved by government of India for Pradhan Mantri Garib Kalyan Package (PMGKP)?
Answer: ₹ 192,800 crore

Question: How much amount approved by government of India towards Atmanirbhar Bharat Abhiyaan 1.0 ?
Answer: ₹ 1,102,650 crore

Question: How much amount approved by government of India for PMGKP Anna Yojana (which has been extended for five months till November) ?
Answer: ₹ 82,911 core

Question: How much amount allocated by government of India towards Atmanirbhar Bharat Abhiyaan 3.0 ?
Answer: ₹ 265,080 crore

Question: How much amount approved by government of India boost for Atmanirbhar Manufacturing Production-linked incentives ?
Answer: ₹ 1.46 lakh crore

Question: How much additional outlay amount sanctioned by Union Government for PM Awaas Yojana (PMAY) Urban?
Answer: ₹ 18,000 crores

Question: Earnest Money Deposit (EMD) will not be required for bid tenders and will be replaced by _________.
Answer: Bid Security Declaration

Question: The finance ministry announced tax relief for developers and home buyers for houses up to ₹ _______.
Answer: ₹ 2 crore

Question: How much amount given by government of India to support Agriculture for subsidised fertilizer’s ?
Answer: ₹ 65,000 crores

Question: How much amount approved by government of India for industrial infrastructure, industrial incentives and domestic defence equipment ?
Answer: ₹ 10,200 crore

Question: How much amount approved by government of India towards boost for rural employment ?
Answer: ₹ 10,000 crore

Question: How much amount will be released to EXIM Bank for promotion of project exports through Lines of Credit under IDEAS scheme?
Answer: ₹ 3,000 crore

Question: How much amount will be provided for Covid Suraksha Mission for Research and Development of Indian Covid Vaccine to Department of Biotechnology ?
Answer: ₹ 900 crore

Question: How much amount will be provide by government in Manufacturing of Medical Devices ?
Answer: ₹ 3,420 crore

Question: The government will make investment of ₹ _______ for equity investment in debt platform of National Investment and Infrastructure Fund (NIIF).
Answer: ₹ 6,000 crore

Question: The equity investment of government in debt platform of National Investment and Infrastructure Fund (NIIF), which will help NIIF raise ₹ 1.1 lakh crore by ______ for financing infrastructure projects.
Answer: 2025

Question: The Finance Minister of India, Smt Nirmala Sitaraman has announced the ‘Aatmanirbhar’ or Stimulus Package 3.0. Name the present Minister of State in the Ministry of Finance.
Answer: Anurag Singh Thakur

Questions Based on Stimulus Package

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