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

    Question

    What new feature does Pradhan Mantri Awas Yojana-Urban

    (PMAY-U) 2.0 introduce to improve housing affordability and quality?
    A Extension of the scheme until 2030 Correct Answer Incorrect Answer
    B Introduction of advanced biofuels and other technologies Correct Answer Incorrect Answer
    C Expansion of eligibility to include rural families Correct Answer Incorrect Answer
    D Increase in the maximum annual income limit to ₹12 lakh Correct Answer Incorrect Answer
    E Elimination of the Credit Risk Guarantee Fund Trust (CRGFT) Correct Answer Incorrect Answer

    Solution

    Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 introduces advanced biofuels and other technologies to improve housing affordability and quality. This new feature is part of the scheme's broader effort to enhance housing solutions by incorporating innovative technologies. The scheme also extends until 2028-29 and includes an increased CRGFT corpus and various components like Beneficiary-Led Construction (BLC) and Affordable Rental Housing (ARH), but the introduction of advanced biofuels is a specific new feature aimed at bettering housing conditions and affordability.

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