Government Schemes for Entrepreneurs — Flashcards
NIOS · Class 10 · Entrepreneurship
26 flashcards for Government Schemes for Entrepreneurs (NIOS Class 10 Entrepreneurship) to test yourself on key terms and facts.
Interactive on Super Tutor
Studying Government Schemes for Entrepreneurs? Get the full interactive chapter.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for flashcards and more.
Free trial, no card needed.
What is the main purpose of PMEGP?
Answer
PMEGP stands for Prime Minister's Employment Generation Programme. Its main purpose is to generate employment in rural and urban areas by helping people set up new self-employment ventures, projects, …
Who implements PMEGP at the national and state levels?
Answer
KVIC is the nodal agency for PMEGP at the national level. At the state level, the scheme is implemented through state bodies, District Industries Centres, and banks.
What is the maximum project cost allowed under PMEGP for manufacturing and for business/service?
Answer
Under PMEGP, the maximum project cost is Rs.25 lakh for the manufacturing sector and Rs.10 lakh for the business/service sector.
Who is eligible for PMEGP assistance?
Answer
Any individual above 18 years of age is eligible for PMEGP assistance. If the project size is above Rs.10 lakh in manufacturing or above Rs.5 lakh in business/service, the applicant must have passed C…
Why are only new projects considered under PMEGP?
Answer
PMEGP supports fresh self-employment and new enterprise creation. Because of this, only new projects are sanctioned under the scheme.
What is margin money under PMEGP for different categories and areas?
Answer
Margin money is the subsidy portion of project cost under PMEGP. General category gets 15% in urban areas and 25% in rural areas. Special category, including SC/ST, OBC, minorities, women, ex-servicem…
What is the role of Debpriya Gope in this chapter?
Answer
Debpriya Gope is the graduate entrepreneur who set up a fly ash brick manufacturing unit with a bank loan from Bangiya Gramin Vikas Bank in Murshidabad. His case shows how government support and bank …
How did Kishan Singh use PMEGP?
Answer
Kishan Singh of Delhi started a unit making pickles, juice, jams, and marmalades with a Rs.4,75,000 loan from Vijaya Bank, BhorGarh under PMEGP of KVIC. His unit employed five people and became a succ…
+18 more flashcards
Practise AllFrequently Asked Questions
What are the important topics in Government Schemes for Entrepreneurs for NIOS Class 10 Entrepreneurship?
How many flashcards are available for Government Schemes for Entrepreneurs?
How should I revise Government Schemes for Entrepreneurs for the NIOS Class 10 board exam?
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
More resources for Government Schemes for Entrepreneurs
Practice Quiz
Test yourself with a quick quiz
Important Questions
Exam-style questions with answers
Revision Notes
Key points for last-minute revision
Chapter Summary
Understand the chapter at a glance
Concept Maps
See how topics connect
Study Plan
Step-by-step plan for this chapter
Syllabus
What topics to cover
For serious students
Get the full Government Schemes for Entrepreneurs chapter — start free.
Quizzes, flashcards, an AI doubt solver and a study plan for NIOS Class 10 Entrepreneurship. Free to start, no card needed.