SSC CPO 2023 PYQ — Question 88

SSC CPO - 04 Oct 2023 - Shift 1 • General Awareness • Q88

What amount of ‘Seed Capital’ is provided as support to a Self-Help Group under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme?

Show answer & explanation

Correct answer: D

Explanation

The correct answer is option 4 i.e. ₹40,000.

Under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PM FME) Scheme, a Self-Help Group (SHG) is provided ₹40,000 as seed capital. This support is intended to help SHGs establish and formalize their food processing units, improving their access to financial and technical assistance. The scheme aims to enhance the growth and sustainability of micro food enterprises by offering both financial support and capacity-building resources.