MCQ Test: August 18, 2025 - Current affairs for all the Exams: India Unveils Major Employment and Tax Reforms, Boosts Key Sectors

1. What is the total financial outlay and the target for job creation under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY)?

A) ₹50,000 crore, 2 crore jobs B) ₹1 lakh crore, 3.5 crore jobs C) ₹1.5 lakh crore, 4 crore jobs D) ₹75,000 crore, 2.5 crore jobs

2. From which date is the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) effective, and what is the direct financial incentive for first-time private sector employees?

A) August 15, 2024; ₹10,000 B) October 1, 2024; ₹12,000 C) August 15, 2025; ₹15,000 D) October 1, 2025; ₹20,000

3. What is the proposed two-slab GST structure under the next-generation reforms, and what is the long-term vision for the tax rate by 2047?

A) 8% and 15%; Three-slab system B) 5% and 18%; Single tax rate C) 10% and 20%; Two-slab system D) 3% and 12%; No change in vision

4. The sweeping next-generation Goods and Services Tax (GST) reforms are set to take effect from which month and year?

A) January 2025 B) April 2025 C) October 2025 D) January 2026

5. The 'Development of Homestays in Tribal Areas' is a sub-scheme under which larger initiative aimed at promoting tribal tourism?

A) Swadesh Darshan Yojana B) PRASHAD Scheme C) Pradhan Mantri Janjatiya Unnat Gram Abhiyan (PM-JUGA) D) Eklavya Model Residential Schools

6. What is the primary objective of the PM-UDAY scheme, under which Phase 2 camps were held in Delhi?

A) Providing free healthcare services to urban poor B) Streamlining property rights and legal ownership in unauthorized colonies C) Offering employment opportunities to youth in Delhi D) Granting educational scholarships to students from economically weaker sections

7. The PM Vishwakarma Yojana primarily focuses on empowering which group of beneficiaries?

A) Farmers and agricultural workers B) Artisans and craftspeople C) Small and medium enterprise owners D) Women entrepreneurs

8. What significant trend has been observed regarding the PM-Kisan scheme in Punjab over the past five years?

A) A significant increase in beneficiaries B) A nearly 49% decline in beneficiaries C) Stagnation in the number of beneficiaries D) A shift from direct benefit transfer to in-kind support

9. Which Indian state has sanctioned the 'Semiconductor Design Promotion Scheme' as part of its 'Semiconductor Mission 2030'?

A) Karnataka B) Telangana C) Maharashtra D) Tamil Nadu

ALL TN Comp Exams Prep

August 18, 2025 - Current affairs for all the Exams: India Unveils Major Employment and Tax Reforms, Boosts Key Sectors

Your Score: 0 / 0

1. What is the total financial outlay and the target for job creation under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY)?

2. From which date is the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) effective, and what is the direct financial incentive for first-time private sector employees?

3. What is the proposed two-slab GST structure under the next-generation reforms, and what is the long-term vision for the tax rate by 2047?

4. The sweeping next-generation Goods and Services Tax (GST) reforms are set to take effect from which month and year?

5. The 'Development of Homestays in Tribal Areas' is a sub-scheme under which larger initiative aimed at promoting tribal tourism?

6. What is the primary objective of the PM-UDAY scheme, under which Phase 2 camps were held in Delhi?

7. The PM Vishwakarma Yojana primarily focuses on empowering which group of beneficiaries?

8. What significant trend has been observed regarding the PM-Kisan scheme in Punjab over the past five years?

9. Which Indian state has sanctioned the 'Semiconductor Design Promotion Scheme' as part of its 'Semiconductor Mission 2030'?

August 18, 2025 - Current affairs for all the Exams: India Unveils Major Employment and Tax Reforms, Boosts Key Sectors

Your Score: 0 / 0

1. What is the total financial outlay and the target for job creation under the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY)?

2. From which date is the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) effective, and what is the direct financial incentive for first-time private sector employees?

3. What is the proposed two-slab GST structure under the next-generation reforms, and what is the long-term vision for the tax rate by 2047?

4. The sweeping next-generation Goods and Services Tax (GST) reforms are set to take effect from which month and year?

5. The 'Development of Homestays in Tribal Areas' is a sub-scheme under which larger initiative aimed at promoting tribal tourism?

6. What is the primary objective of the PM-UDAY scheme, under which Phase 2 camps were held in Delhi?

7. The PM Vishwakarma Yojana primarily focuses on empowering which group of beneficiaries?

8. What significant trend has been observed regarding the PM-Kisan scheme in Punjab over the past five years?

9. Which Indian state has sanctioned the 'Semiconductor Design Promotion Scheme' as part of its 'Semiconductor Mission 2030'?

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