UPSC General Studies Sample Paper General Studies Sample Paper-8

  • question_answer
    Consider the following statements about Pradhan Mantri Awas Yojana (PMAY).
    1. Union Government has launched PMAY in June 2015 under the aegis of housing for all by 2022.
    2. The four basic components are slum rehabilitation, affordable housing, credit linked interest subsidy and beneficiary led individual house construction.
    3. The benefits of the scheme are enjoyed by women, scheduled castes, scheduled tribes and economically weaker sections of Indian society only.
    Which of the statement(s) given above are correct?

    A)  1 and 2           

    B)  1 and 3            

    C)  2 and 3           

    D)  All of these

    Correct Answer: D

    Solution :

    [d] Housing Scheme for All 2022 has been renamed to PMAY, has been launched on 25th June, 2015 with an aim to construct 2 crore houses in the country within these seven years (2015-2022). People who will be benefitted through the scheme will be women, SCSs, STs and EWs, of Indian society. The four basic components of the scheme are slum rehabilitation, affordable housing, credit linked interest subsidy and beneficiary led individual house construction. To be eligible to receive to central assistance under the scheme the beneficiary family should not own a 'pucca' house. The scheme supports construction of houses upto30 square meter carpet area with basis civic infrastructure and the interest subsidy of 6.5% on housing loan will be provided for 15 years to the beneficiaries.


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