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

Q37: With reference to the Pradhan Mantri Awas Yojana (PMAY-Rural) targets mentioned in the Budget 2026-27, consider the following statements:

The government has set a target to construct an additional 2 Crore houses over the next 5 years.




74% of the houses sanctioned under PMAY-G are owned solely or jointly by women.




The unit assistance for a house in plain areas is Rupees 2.50 Lakh.
A
1 and 2 only
B
2 and 3 only
C
1 and 3 only
D
1, 2, and 3
✅ Correct Answer: A
Statements 1 and 2 are CORRECT.
The Union Budget 2026-27 sets a target of 2 Crore new houses.
Statement 3 is Incorrect: The unit assistance in plain areas is Rupees 1.20 Lakh (plus MGNREGA wages), not 2.50 Lakh.
74% ownership by women is a key success metric.