Question

What is the Outlay amount for PM Scholarship for SC students for next five years ?

A Rs 59,000 crore Correct Answer Incorrect Answer
B Rs 50,000 crore Correct Answer Incorrect Answer
C Rs 40,000 crore Correct Answer Incorrect Answer
D Rs 39,000 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 59,000 crore in the centrally-sponsored Post-Matric Scholarship Scheme. The Post-Matric Scholarship Scheme for Scheduled Castes allows students to pursue any course from class 11, with the government providing for the cost of education. While the Centre will bear 60% of the total cost of the scheme, which amounts to Rs 35,534, the rest will be shared by the State governments.

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