Under which scheme were 13 crore people said to have become entrepreneurs for the first time?
- A.PM SVANidhi
- B.Mudra Yojana
- C.PM Vishwakarma
- D.Atal Pension Yojana
Correct answer
Explanation
The correct answer is Mudra Yojana. The Prime Minister said that this scheme made 13 crore people entrepreneurs for the first time, as part of a wider point that a borrower with nothing to offer as security can now raise a cheap and easy loan to start work. Option A is wrong because PM SVANidhi was cited for a different group: it gave lakhs of street vendors their first loan. Option C is wrong because PM Vishwakarma was cited for connecting lakhs of skilled traditional artisans to banks. Option D is wrong because Atal Pension Yojana is a social security scheme and was quoted with a different figure, 9 crore people covered, of whom 38 lakh are in Odisha. The speech also cited about 59 to 60 crore Jan Dhan accounts and bank support of thousands of crores of rupees to self-help groups of 10 crore rural women.
Read the full article: RBI Data Centre, Cyber Security Institute Open at Bhubaneswar
Practice Questions
Which two Reserve Bank of India facilities were inaugurated at Bhubaneswar on 25 October 2026?
- A.A currency printing press and a note sorting centre
- B.A data centre and a cyber security training institute
- C.A regional office and a banking ombudsman office
- D.A coin museum and a financial literacy centre
Show answer
The Prime Minister inaugurated exactly these two units of the Reserve Bank of India at Bhubaneswar, the capital of Odisha, and called the occasion an important one for the state and for the country.
Read the full explanation →Who is the Governor of the Reserve Bank of India who attended the Bhubaneswar inauguration?
- A.Shaktikanta Das
- B.Nirmala Sitharaman
- C.Sanjay Malhotra
- D.Mohan Charan Majhi
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The Prime Minister named him as the Governor of the Reserve Bank of India while greeting the guests on the dais at Bhubaneswar.
Read the full explanation →What is the stated central aim of the C-DAC and Bank of India partnership?
- A.A Quantum Ecosystem for Financial Innovation
- B.A new national payments switch
- C.A rural branch expansion plan
- D.A sovereign gold bond platform
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This is the named focus of the partnership, meant to prepare banking systems both for the opportunities that quantum technology brings and for the security problems it creates, which is why the two sides will study quantum-inspired and quantum-safe methods.
Read the full explanation →C-DAC signed an MoU on quantum technologies for banking with which bank?
- A.State Bank of India
- B.Bank of India
- C.Punjab National Bank
- D.Bank of Baroda
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The Centre for Development of Advanced Computing signed the memorandum with Bank of India on 22 October 2026 to work on quantum financial innovation and the adoption of emerging technologies in banking.
Read the full explanation →C-DAC, which signed the quantum banking agreement, is an autonomous society under which ministry?
- A.Ministry of Finance
- B.Ministry of Science and Technology
- C.Ministry of Electronics and Information Technology
- D.Ministry of Communications
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The Centre for Development of Advanced Computing is an autonomous scientific society under that ministry, and its Secretary, S. Krishnan, was present when the memorandum with Bank of India was exchanged.
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