Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q81: Consider the following statements regarding the PM Vishwakarma Scheme toolkit incentives:

Assertion (A): Beneficiaries under the PM Vishwakarma Scheme are provided a Toolkit Incentive of 15,000 rupees via e-RUPI vouchers.
Reason (R): The scheme mandates that this incentive be used strictly for procuring modern tools suitable for their trade to enhance productivity.
A
Both A and R are true, and R is the correct explanation of A
B
Both A and R are true, but R is NOT the correct explanation of A
C
A is true, but R is false
D
A is false, but R is true
✅ Correct Answer: A
Both statements are true and R explains A. The scheme provides a grant of 15,000 rupees to artisans who complete basic skill training.
This is not given as cash but as e-RUPI digital vouchers.
The logic is to modernize traditional trades.
By using e-RUPI vouchers that can only be redeemed at designated outlets for tools, the scheme ensures the money is spent on modernizing equipment (e.g., a carpenter buying a power saw instead of a hand saw), rather than on personal consumption.