Current Affairs · Government Schemes
Under the Prime Minister's Employment Generation Programme (PMEGP) scheme, a beneficiary from the 'General Category' in a rural area sets up a manufacturing project costing 40 lakh. Calculate the required own contribution and the amount of margin money subsidy.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Own Contribution: 10 lakh; Subsidy: 10 lakh
- 2Own Contribution: 4 lakh; Subsidy: 14 lakh
- 3Own Contribution: 2 lakh; Subsidy: 14 lakh
- 4Own Contribution: 4 lakh; Subsidy: 10 lakh✓
Correct answer
Own Contribution: 4 lakh; Subsidy: 10 lakh
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