New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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.

    Practice Next

    Relevant for Exams: