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Question : Assertion: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to promote job creation.

Reason: It aims to encourage foreign direct investment in India.

Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.
 

Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.
 

Option 3: The assertion is true, but the reason is false.

 

Option 4: The assertion is false, but the reason is true.


Team Careers360 8th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: The assertion is true, but the reason is false.


Solution : The correct answer is (c) The assertion is true, but the reason is false.

The Pradhan Mantri Rojgar Protsahan Yojana does offer incentives to employers to promote job creation by reimbursing a portion of the employer's contribution to the Employee Pension Scheme (EPS) for new employees. However, the reason provided, "It aims to encourage foreign direct investment in India," is not accurate. The primary objective of the scheme is to incentivize employers in India to generate new employment opportunities and contribute to the social security benefits of workers. It is not specifically designed to encourage foreign direct investment.

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