New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The PM-PRANAM scheme was introduced to promote the use

    of biofertilizers and organic fertilizers, thereby reducing the reliance on chemical fertilizers. The scheme aims to lower the subsidy burden on chemical fertilizers and encourage sustainable agricultural practices. Which of the following statements about the PM-PRANAM scheme is not correct ?
    A The scheme aims to promote the use of biofertilizers and organic fertilizers to enhance soil fertility and reduce environmental pollution. Correct Answer Incorrect Answer
    B The scheme has a separate allocated budget under the Ministry of Chemicals & Fertilizers to support its implementation. Correct Answer Incorrect Answer
    C The financing of the scheme will come from savings generated from existing fertilizer subsidies. Correct Answer Incorrect Answer
    D States can use 70% of the grant received under the scheme to create assets related to the production of alternative fertilizers. Correct Answer Incorrect Answer
    E The remaining 30% of the grant can be used to reward and encourage farmers and stakeholders involved in fertilizer reduction. Correct Answer Incorrect Answer

    Solution

    The PM-PRANAM scheme aims to promote biofertilizers and organic fertilizers, with the goal of reducing dependency on chemical fertilizers. However, it does not have a separate budget under the Ministry of Chemicals & Fertilizers . Instead, it is funded by savings generated from the existing fertilizer subsidies.

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