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Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q173: Which of the following statements regarding the "PM Vishwakarma Scheme" is correct regarding its funding?

A
It is a Centrally Sponsored Scheme with 60:40 Centre-State sharing.
B
It is a Central Sector Scheme with 100% funding from the Union Government.
C
It is funded entirely by private CSR funds.
D
It is a state-level scheme funded by individual State Governments.
✅ Correct Answer: B
Correct Option: B. Concept: PM Vishwakarma Funding.
The scheme is a "Central Sector Scheme," which means it is 100% funded by the Union Government of India.
The budget outlay of ₹13,000 Crore was allocated entirely by the Centre for a period of 5 years (2023-24 to 2027-28).