Module: General Practice
Q174: Scenario: Mr. Sharma, an urban resident with an annual household income of ₹5 Lakh, wishes to buy his first pucca house. He applies for a loan under PMAY-Urban 2.0. Which category does he fall under, and what is his primary eligibility criterion regarding house ownership?
✅ Correct Answer: B
He is LIG and must not own any pucca house.
Under PMAY classifications, EWS is income up to ₹3 Lakh, LIG is income between ₹3 Lakh and ₹6 Lakh (Mr.
Sharma falls here), and MIG is income between ₹6 Lakh and ₹9 Lakh.
The core condition for PMAY-Urban (any version) is that the beneficiary family must NOT own a pucca house (an all-weather dwelling unit) anywhere in India in their name.
Under PMAY classifications, EWS is income up to ₹3 Lakh, LIG is income between ₹3 Lakh and ₹6 Lakh (Mr.
Sharma falls here), and MIG is income between ₹6 Lakh and ₹9 Lakh.
The core condition for PMAY-Urban (any version) is that the beneficiary family must NOT own a pucca house (an all-weather dwelling unit) anywhere in India in their name.