List of Important Schemes & Government Policies For SSC, Bank Exams 2017

List of Important Schemes &
Government Policies for SSC,

Bank Exams 2017
Bank and government exams are increasingly raising the level of GA questions. The
General Awareness sections of govt and bank exams frequently ask questions based
on ongoing important schemes in India and government policies. Here's an article to
help you remember major govt schemes & Government Policies for SSC CGL, SSC
CHSL, SSC MTS, SBI PO, SBI Clerk, RBI Grade B, RBI Assistant and all IBPS exams.
The GA section of Bank and SSC exams can be a life saver for you because GK &
Current Affairs are fact based and don't require you to be calculative or fluent in
English. All you need to score in General Awareness section (Banking and Economy)
of any exam is to stay updated about recent happenings!
Let us now check out the Schemes & Government Policies for SSC, Bank Exams 2017.
Important Schemes & Government Policies for

SSC, Bank Exams 2017
Here is a list of some of List of Important Schemes & Government Policies for SSC,
Bank Exams 2017 that:
1. were launched under various ministries in the last 3 years

2. are slated to launch soon.
If you like this article, then do download it as a PDF after you are done reading it,
from here:
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1. Pradhan Mantri Jan Dhan Yojna (PMJDY)
 This yojna was launched in the year 2014 on 28th of August

 The objective of this yojna was to make financial services accessible and
affordable.
 It mostly targets people who are below poverty line and people who don't
have a bank account.
 This yojna proved to be huge success as more than 21 crore bank accounts
got opened in just one and a half year of its initiation.
2. Pradhan Mantri Fasal Bima Yojana (PMFBY).
 This Yojna was undertaken in 2014 on 11th of October;

 It provides insurance cover to rabi and kharif crops and also financial
support to farmers in case there is any damage of crops.
 Under this scheme, farmers will have to pay a uniform premium of 2% for
all kharif crops and 1.5% for all rabi crops.
3. Make in India
 Make in India was an initiative started in 2014 on 27th September.

 The scheme focuses on job creation and skill enhancement in 25 sectors
of the economy.
 The initiative hopes to attract capital and technological investment in
India.
4. Pradhan Mantri Sukanya Samridhi Yojna (PMSSY)
 This initiative was taken in the year 2015 on 22 of January;

 It aimed at opening bank accounts for a girl child. Till she turns 14,
money is to be deposited, minimum deposit can be of Rs.1000 per
year and maximum can be 1.5 lakh per year.
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 After which she can withdraw 50% of the deposited amount for her future
endeavours.
 When a girl becomes 21, maturity amount can also be withdrawn with interest
rates decided by the government.
5. Pradhan Mantri mudra yojna (PMMY)
 Launched in the year 2015 on 8th of April;

 This Yojna was started to provide funds to the non-corporate small
business sector.
 Loans of 50 thousand to 10 lakh can be availed under Sishu, Kishore and
Tarun categories.
 Under this Yojna till now approximately Rs. 1 lakh crore loans are sanctioned.
6. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
 This initiative was taken in the year 2015 on 9th of May;

 PMJJBY provides life insurance cover to citizens.
 This Yojana is a government backed life insurance scheme. The scheme
is open and available to all citizens between the ages of 18 to 50 years.
 Policy holders can get life insurance cover of Rs. 2 Lakh with an annual
premium of Rs. 330 excluding service tax.
7. Pradhan Mantri Suraksha Bima Yojana (PMSBY)
 Launched in the year 2015 on 9th Of May

 Its main Objective was to provide accidental insurance cover.
 It is a government backed accident insurance scheme, aimed
at increasing the penetration of accidental insurance cover in
India.
 The scheme is open and available to all citizens between the ages of 18 to 70
years.
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 The policy holder gets a life insurance cover of Rs. 2 Lakh with
an annual premium of just Rs. 12 excluding service tax.
8. Atal Pension Yojana (APY)
 Atal Pension Yojna was launched in the year 2015 on 9th of May;
 This scheme aimed at increasing the number of people covered under
any kind of pension scheme. It is one of the three Jan Suraksha schemes.
 It especially targeted the private unorganized sector and citizens between
the ages of 18 to 40 years.
 The scheme also provides a monthly pension of Rs 1000 to Rs. 5000
per month based on the contributions made by the beneficiary.
9. Kisan Vikas Patra
 KVP was relaunched in the year 2015 on 3rd of March;

 Its main objective was to provide safe and secure investment avenues
to budding investors.
 It is an investment scheme that promises that the invested money will get
doubled in 8 years and 4 months. However, investors would not get any tax
benefit for their investment in KVP.
 The Kisan Vikas Patra certificates will be available in the denominations of Rs
1,000, 5,000, 10,000 and 50,000 and there is no upper limit.
10. One Rank One Pension (OROP) Scheme
 This ambitious scheme was not initiated by the Modi government, however
the government is working to implement this pending scheme.
 Its objective will be to provide same pension for same rank, for same
length of service, irrespective of the date of retirement.
11. Gold Monetisation Schemes
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 This scheme was launched in the year of 2015 on 04 of November;
 To reduce the reliance on gold imports over time and to lure tonnes of
gold from households into the banking system were its main objectives.
 Under the scheme, people can deposit gold into the banks and earn interest
based on the value of the gold.
12. Start-up India, Stand-up India
 This project was initiated in the year 2016 on 16th of January,

 Its objective was to provide support to all start-up businesses. The
start-ups can adopt self-certification to reduce the regulatory liabilities.
 An online portal, in the shape of a mobile application, was launched to help
start-up founders to easily register.
 The app was launched on 1st April.
13. Stand Up India Loan Scheme
 The main objective of the scheme is to provide financial aid to SC/ST and
women to promote entrepreneurship and employment in India.
 The financial aid will be provided to set up and grow businesses of SC/ST and
women in need.
 The initiative will also encourage young minds to come up with innovative
ideas and create job opportunities in the country.
14. BHIM App
 Indian government launched this app in the year of 2016 on 30th December,
 Its aim was to enable citizens to send and receive payments using any of the
three modes UPI (Unified Payment Interface), AEPS (Aadhar Enabled
Payment System) and USSD (Unstructured Supplementary Service Data)
using the single BHIM app.
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15. Vrishtha Pension Bima Yojana 2017 – The Old Age Pension
Scheme
 Indian government has initiated the idea of Old Age Pension Scheme so that
senior citizens get more benefits under this pension scheme, at a minimum
interest rate.
Here are some similar upcoming, implemented and proposed govt schemes that you
should know about:
1. Universal Basic Income Scheme – (Being Considered)

2. Insurance scheme for jan dhan account holders – (Proposed)
3. Start-up India scheme for Women Entrepreneurs (Upcoming)
4. Power Tex India Scheme
5. Real Estate Bill 2016 to Bring Transparency to the Realty Sector
6. Vidyalakshmi Loan Scheme
7. Demonetization
Educational Schemes & Government Policies for

SSC, Banking Exams 2017
There are many other projects initiated recently to uplift the standard of living and
education scenario in India. Some important schemes, projects and government
policies for SSC, Bank Exams 2017 launched in the year 2016-17 are enlisted below:
1. Shyama Prasad Mukherji Rurban Mission
 The Shyama Prasad Mukherji Rurban Mission (SPMRM) is a scheme

launched by Government of India in 2016
 It aims to deliver integrated project based infrastructure in the rural
areas, which will also include development of economic activities and skill
development.
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2. Setu Bharatam Project
 Setu Bharatam programme for building bridges for safe and seamless
travel on National Highways, in New Delhi
3. Pradhan Mantri Ujjwala Yojana
 Launched in 2016 on 1st May from Ballia in Uttar Pradesh.

 The scheme is aimed at replacing the unclean cooking fuels mostly used in the
rural India with the clean and more efficient LPG (Liquefied Petroleum Gas).
 Under this scheme, the government aims to provide LPG connections
to BPL households in the country.
Here are some more such schemes which are yet to be implemented:
4. Pradhan Mantri Surakshit Sadak Yojana – Making Roads Safer (Upcoming)
5. Shala Ashmita Yojana (Upcoming)
6. Pradhan Mantri Gram Parivahan Yojana (Upcoming)
7. National Health Protection Scheme (NHPS) – Health Insurance Cover for Poor
(upcoming)
We hope this article on Government Policies for SSC and bank exams helps you in
your exam preparation. To see more articles like 'List of Important Schemes &
Government Policies for SSC, Bank Exams 2017', go to:
Know your States - Points about Indian States for SSC & Bank
exams
List of Important Regulatory Bodies in India
Important Ongoing Recruitment
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List of Important Schemes &

Government Policies for SSC,

Important Schemes & Government Policies for

1. were launched under various ministries in the last 3 years

 This yojna was launched in the year 2014 on 28th of August

2. Pradhan Mantri Fasal Bima Yojana (PMFBY).

 This Yojna was undertaken in 2014 on 11th of October;

 Make in India was an initiative started in 2014 on 27th September.

4. Pradhan Mantri Sukanya Samridhi Yojna (PMSSY)

 This initiative was taken in the year 2015 on 22 of January;

5. Pradhan Mantri mudra yojna (PMMY)

 Launched in the year 2015 on 8th of April;

6. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

 This initiative was taken in the year 2015 on 9th of May;

7. Pradhan Mantri Suraksha Bima Yojana (PMSBY)

 Launched in the year 2015 on 9th Of May

8. Atal Pension Yojana (APY)

9. Kisan Vikas Patra

 KVP was relaunched in the year 2015 on 3rd of March;

10. One Rank One Pension (OROP) Scheme

11. Gold Monetisation Schemes

12. Start-up India, Stand-up India

 This project was initiated in the year 2016 on 16th of January,

13. Stand Up India Loan Scheme

14. BHIM App

1. Universal Basic Income Scheme – (Being Considered)

Educational Schemes & Government Policies for

1. Shyama Prasad Mukherji Rurban Mission

 The Shyama Prasad Mukherji Rurban Mission (SPMRM) is a scheme

3. Pradhan Mantri Ujjwala Yojana

 Launched in 2016 on 1st May from Ballia in Uttar Pradesh.

4. Pradhan Mantri Surakshit Sadak Yojana – Making Roads Safer (Upcoming)

5. Shala Ashmita Yojana (Upcoming)

6. Pradhan Mantri Gram Parivahan Yojana (Upcoming)

List of Important Regulatory Bodies in India

Important Ongoing Recruitment

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