25 MCQ on Support Services (SHGs, Micro Enterprises, Institutional Support, etc.)

1. Self-Help Groups (SHGs) are typically formed to promote: A. Entrepreneurship and business ventures B. Individual savings and investments C. Group insurance policies D. Government jobs for members Answer: A

2. Microfinance institutions primarily aim to provide financial services to: A. Large corporations B. Government organizations C. Small entrepreneurs and low-income individuals D. Rural development projects Answer: C

3. The key objective of Micro Enterprises is to create: A. Large-scale industries B. A supportive community for entrepreneurs C. Small businesses that employ a limited number of people D. Business conglomerates Answer: C

4. The "National Rural Livelihoods Mission (NRLM)" is a flagship program that supports: A. Rural infrastructure development B. Microfinance institutions C. Women's Self-Help Groups (SHGs) and their federations D. Urban employment schemes Answer: C

5. An "Incubator" in the context of entrepreneurship typically refers to: A. Equipment for scientific research B. A support organization that helps startup companies grow and succeed C. A type of financial loan for small businesses D. A government regulatory agency Answer: B

6. The "Pradhan Mantri MUDRA Yojana (PMMY)" primarily focuses on providing financial support to: A. Large corporations B. Small and micro enterprises C. Government employees D. Agricultural cooperatives Answer: B

7. The concept of "Joint Liability Groups (JLGs)" in microfinance refers to: A. Groups formed to provide joint liability insurance B. Groups formed to provide venture capital C. Groups formed for joint savings and investments D. Groups formed for joint borrowing and repayment Answer: D

8. The "Small Industries Development Bank of India (SIDBI)" primarily focuses on providing financial assistance to: A. Large-scale industries B. Medium-sized enterprises C. Small and micro enterprises D. Government organizations Answer: C

9. "NABARD" is an institution primarily focused on providing financial support and development assistance to: A. Urban development projects B. Rural development projects C. Large corporations D. Public sector undertakings Answer: B

10. "NULM" (National Urban Livelihoods Mission) focuses on enhancing livelihood opportunities for the urban poor through: A. Skill development and employment generation B. Agricultural development projects C. Providing housing for the urban poor D. Promoting large-scale industries Answer: A

11. The "Rashtriya Mahila Kosh (RMK)" is a government organization that primarily supports: A. Women's education B. Women's Self-Help Groups (SHGs) C. Women's political participation D. Women's healthcare Answer: B

12. "MUDRA" stands for: A. Micro Units Development and Refinance Agency B. Ministry of Urban Development and Rural Advancement C. Micro Units Development and Rehabilitation Authority D. Ministry of Urban and Rural Development Assistance Answer: A

13. The term "SHG-Bank Linkage" refers to: A. Establishing a connection between Self-Help Groups and government agencies B. Linking Self-Help Groups with banks for financial support and credit C. Providing support to Self-Help Groups for social causes D. Linking Self-Help Groups with educational institutions Answer: B

14. The "Stand-Up India" initiative primarily focuses on providing financial support to: A. Micro, Small, and Medium Enterprises (MSMEs) run by women and SC/ST entrepreneurs B. Large corporations C. Non-profit organizations D. Rural development projects Answer: A

15. The "PMEGP" (Prime Minister's Employment Generation Programme) primarily aims to provide financial support for: A. Skill development training programs B. Women's Self-Help Groups (SHGs) C. Micro, Small, and Medium Enterprises (MSMEs) D. Farmers in rural areas Answer: C

16. The "Skill India" initiative primarily focuses on: A. Promoting entrepreneurship among women B. Providing skill development and training to youth for employability C. Providing financial support to farmers D. Promoting women's education Answer: B

17. "Mahila Coir Yojana" is a scheme aimed at providing financial support to women engaged in: A. Handloom and handicrafts B. Agriculture and farming C. Large-scale manufacturing industries D. Information technology Answer: A

18. The "Digital India" initiative primarily aims to: A. Encourage online shopping B. Promote digital literacy and digital inclusion C. Support large-scale manufacturing industries D. Provide financial support to entrepreneurs Answer: B

19. The "Skill Saathi" program under PMKVY primarily aims to: A. Provide training and skills to entrepreneurs B. Connect certified candidates with relevant job opportunities C. Promote entrepreneurship among youth D. Support women's Self-Help Groups (SHGs) Answer: B

20. The "Atal Innovation Mission (AIM)" primarily focuses on promoting: A. Technological innovation and entrepreneurship B. Women's education in rural areas C. Rural infrastructure development D. Large-scale manufacturing industries Answer: A

21. The "National Commission for Women (NCW)" is a statutory body aimed at: A. Providing financial support to women entrepreneurs B. Ensuring the rights and welfare of women in India C. Promoting entrepreneurship among women D. Supporting rural development projects Answer: B

22. The "National Bank for Agriculture and Rural Development (NABARD)" primarily focuses on providing financial assistance to: A. Urban entrepreneurs B. Small and micro enterprises in rural areas C. Medium and large-scale enterprises in urban areas D. Government organizations Answer: B

23. The "Udyam Sakhi Portal" is aimed at providing: A. Financial assistance to entrepreneurs B. Training and guidance to women entrepreneurs C. Government jobs for women D. Access to educational resources Answer: B

24. The "Green Climate Fund (GCF)" provides support for projects, programs, policies, and other activities in developing countries related to: A. Women's empowerment B. Climate change mitigation and adaptation C. Large-scale manufacturing industries D. Rural development Answer: B

25. The "Nari Atal Pension Yojana" is a government scheme aimed at: A. Providing financial support to entrepreneurs B. Encouraging women's savings for their old age C. Promoting women's education D. Providing healthcare services to women 

Answer: B