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GK QUESTION#1574

Which segment of the population benefits from micro-credit support under the PM SVANidhi initiative?

  1. AStreet vendorsCorrect answer
  2. BLarge farmers
  3. CUrban artisans
  4. DFishermen
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Answer

A. Street vendors

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Explanation

Street vendors. The PM SVANidhi scheme, launched in June 2020, is a micro-credit facility by the Ministry of Housing and Urban Affairs to provide collateral-free working capital loans to street vendors affected by the COVID-19 pandemic.

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