Correct Answer: Pradhan Mantri Awas Yojana (PMAY)

Solution : The correct answer is (a) Pradhan Mantri Awas Yojana (PMAY)

Pradhan Mantri Awas Yojana (PMAY) is a flagship housing scheme launched by the Government of India with the aim of providing affordable housing to all eligible beneficiaries, including the rural poor. The scheme has both urban and rural components, with a specific focus on addressing the housing needs of the economically weaker sections (EWS), low-income groups (LIG), and marginalized communities.

Under the PMAY, financial assistance is provided to eligible beneficiaries in the form of interest subsidies, credit-linked subsidies, and affordable housing loans. The program aims to promote inclusive and sustainable housing development in rural areas, improve living conditions, and enhance the overall quality of life for the rural poor.

PMAY has different components such as Pradhan Mantri Awas Yojana - Gramin (PMAY-G) and Pradhan Mantri Awas Yojana - Urban (PMAY-U), with each component focusing on the specific housing needs of rural and urban areas, respectively.