Question
What housing scheme was launched by the Odisha state
government to provide permanent houses to rural residents?Solution
Odisha Chief Minister Mohan Charan Majhi launched the "Antyodaya Gruha Yojana" to provide pucca (permanent) houses to eligible rural households that are either houseless or residing in kutcha (temporary) houses. The scheme particularly targets families excluded from existing housing programs, victims of calamities, displaced households, differently-abled individuals who are primary earners, and beneficiaries under the Forest Rights Act (FRA). The initiative aims to build 5 lakh pucca houses over three years with an outlay of ₹7,550 crore. Each beneficiary will receive ₹1.20 lakh for house construction, plus incentives for prompt completion. They will also have access to essential amenities including toilets, LPG connections, clean drinking water, and electricity through various government schemes, as well as employment under NREGA for up to 95 days.
Soham invested Rs. 32,000 partly in schemes ‘I’ and ‘J’ for 4 years and 6 years, respectively. Scheme ‘I’ offers simple interest at 18% per ...
- A sum is invested at a certain rate (p.a.) of compound interest (compounded annually). The interest earned after 1st year and after 2 years of investment i...
The simple interest on a certain sum of money for 4 years at 16% per annum is 2/5th of the compound interest on Rs. 6000 for 2 years at 20% p...
Vishal has certain sum of money with him. He invested 80% of the sum in scheme ‘X’ offering 15% p.a. simple interest for 8 years and received Rs. 20...
The simple interest on a sum of money for 4 years at 8% per annum is ₹1,280. What will be the compound interest on the same sum at the same rate of in...
A sum of ₹8,500 amounts to ₹11,900 in 5 years at simple interest per annum. If the rate of interest is increased by 3%, then the increased amount fo...
Rahul invested Rs. 2450 at a 40% per annum simple interest rate for 'y' years, and this investment yielded a total amount of Rs. 4410. Find the interest...
- A person borrows money from a lender at a 16% p.a. simple interest. If he repaid Rs. 6,960 after 48 months to settle the loan, find the principal amount.
A certain sum when invested for 3 years in a scheme offering simple interest of 10% p.a. gives an interest of Rs. 765. What is 110% of the sum invested?
A sum of ₹10,000 is invested in two parts: one part at 12% per annum simple interest and the other part at 8% per annum simple interest. After 3 years...