SEBI - Investor Certification Examination
SEBI - Investor Certification Examination
Q 31. What type of savings scheme is Public Provident Fund (PPF)?
Tax-free savings scheme
Life insurance scheme
Crop insurance scheme
Educational savings scheme
Q 32. What is the main objective of Atal Pension Yojana (APY)?
To provide housing subsidies to low-income groups
To offer educational scholarships to students
To provide a fixed pension amount to unorganized sector workers
To promote entrepreneurship among youth
Q 33. What is the minimum and maximum age for joining Atal Pension Yojana (APY)?
Minimum age: 20 years, Maximum age: 60 years
Minimum age: 18 years, Maximum age: 40 years
Minimum age: 25 years, Maximum age: 55 years
Minimum age: 22 years, Maximum age: 45 years
Q 34. Under what circumstances is exit before the age of 60 permitted in Atal Pension Yojana (APY)?
Only in case of terminal disease
Only in case of the beneficiary's death
Both in case of terminal disease and beneficiary's death
Only permitted for those over 50 years of age
Q 35. What is the objective of educational loans through the Vidyalakshmi Portal?
To provide affordable housing to students
To offer healthcare facilities to students
To ensure no student discontinues education due to lack of funds
To provide pension benefits to students
Q 36. What is the eligibility criterion for availing subsidy under Prime Minister Awas Yojana?
Having an existing house in the name of any family member
Owning a house in the name of the spouse
Already availing central assistance under any housing scheme in the past
All of the above
Q 37. Who is eligible to avail loans under Pradhan Mantri Mudra Yojana (PMMY)?
Only women entrepreneurs
Only SC/ST entrepreneurs
Small and medium enterprises
Proprietors, partnership firms, and various small business entities
Q 38. What are the different loan schemes offered under PMMY?
GOLD, SILVER, BRONZE
SHISHU, KISHOR, TARUN
Basic, Intermediate, Advanced
None of the above
Q 39. Which documents are required to avail loans under PMMY?
Birth certificate, school transcripts, driver's license
Proof of identity, quotation of items purchased, category certificates
Bank statements, income tax returns, utility bills
None of the above
Q 40. Stand Up India scheme primarily focuses on providing financing to which groups?
Individuals below 18 years of age
Entrepreneurs with high net worth
SC/ST and/or Women Entrepreneurs
Foreign investors