Which of the following best describes the main objective of the PM SVANidhi…
2026
Which of the following best describes the main objective of the PM SVANidhi scheme?
Answer: C. To provide affordable working-capital support to street vendors for resuming and strengthening their businesses — ConceptA government livelihood-credit scheme is identified by its intended beneficiaries and the specific constraint it addresses. Its primary objective is…
- A.
To provide free education to street vendors' children
- B.
To provide accommodation support to people without shelter
- C.
To provide affordable working-capital support to street vendors for resuming and strengthening their businesses
- D.
To provide support to older persons
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Correct answer: C
Concept
A government livelihood-credit scheme is identified by its intended beneficiaries and the specific constraint it addresses. Its primary objective is the central intervention stated in the scheme guidelines, not a different welfare need that may affect the same community.
Application
PM SVANidhi is designed for street vendors. It provides collateral-free working-capital loans so eligible vendors can resume and strengthen their vending activities, with incentives for regular repayment and digital transactions.
Contrast
Free education for vendors' children is an education-support objective.
Accommodation for people without shelter is a housing-support objective.
Support for older persons is an old-age welfare objective.
Result
Therefore, the scheme’s main objective is to provide affordable working-capital support to street vendors for resuming and strengthening their businesses.