On which date did the Government of India approve the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY)?
- A.8 February 2024
- B.10 September 2020
- C.1 April 2021
- D.15 August 2023
Correct answer
Explanation
The correct answer is 8 February 2024. The government approved PM-MKSSY on that date as a sub-scheme meant to formalise the fisheries sector and to manage the risks its farmers carry, and the aquaculture insurance push described on 28 September 2026 is its Component 1-B. Delivery runs through the National Fisheries Digital Platform so that the incentive reaches the farmer by direct benefit transfer. The date of 10 September 2020 is wrong; it belongs to the launch of the Pradhan Mantri Matsya Sampada Yojana, the larger fisheries scheme under which average aquaculture productivity is being pushed towards the target of five tonnes per hectare from 4.77 tonnes now. The choice of 1 April 2021 is wrong, as no approval of this scheme took place then, and 15 August 2023 is wrong as well. Keep the two fisheries schemes apart, since examiners like to swap their launch dates.
Read the full article: PM-MKSSY Bears 40% of Aquaculture Insurance Premium Cost
Practice Questions
Under PM-MKSSY, what share of the aquaculture insurance premium is given to an eligible farmer as a one-time incentive?
- A.25%
- B.40%
- C.50%
- D.75%
Show answer
Component 1-B of PM-MKSSY meets the cost barrier by paying an eligible aquaculture farmer a one-time incentive of up to 40% of the insurance premium for one crop cycle, transferred directly to the bank account through the National Fisheries Digital Platform.
Read the full explanation →Within how many days must an aquaculture insurance claim for shrimp culture be settled under PM-MKSSY?
- A.15 days
- B.30 days
- C.45 days
- D.60 days
Show answer
The claim process begins when the insured farmer informs the insurance company of the peril and submits the documents the policy requires; the insurer then appoints a loss assessor, the damage is evaluated and payment is made on that report, with status updates shown on the insurer portal.
Read the full explanation →India recorded a fish production of 19.8 million tonnes in 2024-25. What is its rank in world fish production?
- A.First
- B.Second
- C.Third
- D.Fourth
Show answer
India is the second largest fish producing nation in the world with a share of about 8%, and its annual production touched a record 19.8 million tonnes in 2024-25.
Read the full explanation →Which initiative under the SARTHAK-PDS umbrella scheme handles real-time data integration and vehicle location tracking?
- A.NIRMAL
- B.SAKSHAM
- C.SMART-PDS
- D.Mera Ration
Show answer
The note explains that under the SARTHAK-PDS umbrella scheme, SAKSHAM takes charge of real-time data integration, including the Vehicle Location Tracking System, across the stretch from procurement to distribution.
Read the full explanation →The Mera Ration mobile application, launched under ONORC, is available in how many languages?
- A.8
- B.11
- C.13
- D.22
Show answer
The backgrounder records that the Mera Ration mobile application, brought out by the Department of Food and Public Distribution as part of the technology-driven reforms under ONORC, is offered in 13 languages.
Read the full explanation →