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SSC CGL 2021 PYQ — Question 46

SSC CGL - 23 Aug 2021 - Shift 1 • General Awareness • Q46

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In which of the following years was the micro-credit scheme ‘Street Vendor's AtmaNirbhar Nidhi’ (‘PM SVANidhi’) launched?

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Correct answer: A

Explanation

The correct answer is option 1 i.e. 2020

  • The PM Street Vendor's Atma Nirbhar Nidhi (SVANidhi) Scheme was launched in June 2020 as a Micro-Credit facility which aims to empower street vendors to recover losses incurred as a result of the COVID-19 pandemic.
  • The key objectives of the PM SVANidhi Scheme is to facilitate working capital loans upto INR 10,000.