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UPPCS Prelims 2026 Practice Set 37

Question 1 of 10
QUESTION 1 / 10
With reference to the 'PM SVANidhi' (Prime Minister Street Vendor's AtmaNirbhar Nidhi) scheme, consider the following statements: 1. It is a Central Sector Scheme administered by the Ministry of Housing and Urban Affairs to provide affordable working capital loans to street vendors. 2. Under the restructured credit framework of the scheme, eligible vendors can access working capital term loans in three sequential tranches of up to ₹15,000, ₹25,000, and ₹50,000 upon timely repayment of earlier tranches. 3. The government provides an interest subsidy of 7% per annum on the prompt/timely repayment of loans, which is credited directly to the borrower's bank account on a quarterly basis. Which of the statements given above are correct?

UPPCS Prelims 2026 Practice Set 37 Preparation Guide

This practice set is designed for candidates preparing for the Uttar Pradesh Public Service Commission (UPPCS) Combined State / Upper Subordinate Services Examination. Attempt the questions carefully and review the explanations after each response to strengthen concepts for General Studies Paper I.