UPSC Prelims Practice Questions — IMPLEMENTATION OF PM-SETU FOR STARTUP AND ENTREPRENEURIAL SUPPORT

Question 1

The PM-SETU scheme for upgradation of Industrial Training Institutes is implemented exclusively under the administrative authority of which one of the following Union Ministries?

Accepted Answer

Ministry of Skill Development and Entrepreneurship

Answer

Ministry of Education

Answer

Ministry of Labour and Employment

Answer

Ministry of Micro, Small and Medium Enterprises

Question 2

The following statements compare PM-SETU with the earlier STRIVE project. Consider them:
1. Unlike STRIVE, which was assisted by the World Bank alone, PM-SETU's Central share is co-financed by both the Asian Development Bank and the World Bank.
2. PM-SETU has a substantially larger outlay (Rs 60,000 crore) than the STRIVE project (about Rs 2,200 crore).
3. Like STRIVE, PM-SETU is a Central Sector Scheme with no financial contribution from the States.
Which of the statements given above is/are correct?

Accepted Answer

1 and 2 only

Answer

2 and 3 only

Answer

1 and 3 only

Answer

1, 2 and 3

Question 3

Under PM-SETU, 50% of the Central share of the outlay is to be co-financed, in equal measure, by which of the following?

Accepted Answer

Asian Development Bank and the World Bank

Answer

Asian Infrastructure Investment Bank and the World Bank

Answer

World Bank and the New Development Bank

Answer

Asian Development Bank and the International Monetary Fund

Question 4

The capacity augmentation of five NSTIs, including the setting up of five National Centres of Excellence for Skilling, was sanctioned as part of the National Scheme for ITI Upgradation by which of the following authorities?

Accepted Answer

The Union Cabinet

Answer

NITI Aayog

Answer

The National Council for Vocational Education and Training

Answer

The Cabinet Committee on Economic Affairs

Question 5

Which one of the following is the earliest scheme under which Industrial Training Institutes began delivering vocational training in India?

Accepted Answer

Craftsmen Training Scheme (CTS)

Answer

Skill Strengthening for Industrial Value Enhancement (STRIVE)

Answer

Vocational Training Improvement Project (VTIP)

Answer

Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

Question 6

With reference to the ITI upgradation schemes that preceded PM-SETU, consider the following statements:
1. STRIVE was a World Bank-assisted project implemented under the Directorate General of Training.
2. The Vocational Training Improvement Project (VTIP) was assisted by the World Bank.
3. PM-SETU supersedes STRIVE and VTIP with a deeper industry-led governance model.
4. The Craftsmen Training Scheme was launched in 2015 as a component of the Skill India Mission.
Which of the statements given above is/are correctly identified?

Accepted Answer

1, 2 and 3 only

Answer

1 and 2 only

Answer

2, 3 and 4 only

Answer

1, 2, 3 and 4

Question 7

The Rs 60,000 crore outlay of the National Scheme for ITI Upgradation (PM-SETU), approved by the Union Cabinet in 2025, is to be deployed over a period of how many years?

Accepted Answer

Five years

Answer

Three years

Answer

Four years

Answer

Seven years

Question 8

In the industry-led Special Purpose Vehicle (SPV) that manages each upgraded ITI under PM-SETU, the controlling majority equity of 51% is vested in which of the following?

Accepted Answer

The industry partner

Answer

The State Government

Answer

The Directorate General of Training

Answer

The National Skill Development Corporation

Question 9

Within the Ministry of Skill Development and Entrepreneurship, the upgradation of ITIs and roll-out of industry-aligned revamped trades that underpin PM-SETU's employability and self-employment support is executed through which of the following bodies?

Accepted Answer

Directorate General of Training

Answer

National Skill Development Corporation

Answer

National Council for Vocational Education and Training

Answer

Sector Skill Councils

Question 10

Unlike PMKVY, which delivers skilling through short-term accredited training centres, PM-SETU is designed to be implemented through which of the following?

Accepted Answer

Government Industrial Training Institutes

Answer

Kendriya Vidyalayas

Answer

Jan Shikshan Sansthans

Answer

Polytechnic colleges

UPSC Prelims Practice Questions — IMPLEMENTATION OF PM-SETU FOR STARTUP AND ENTREPRENEURIAL SUPPORT

Q1. The PM-SETU scheme for upgradation of Industrial Training Institutes is implemented exclusively under the administrative authority of which one of the following Union Ministries?

Q3. Under PM-SETU, 50% of the Central share of the outlay is to be co-financed, in equal measure, by which of the following?

Q4. The capacity augmentation of five NSTIs, including the setting up of five National Centres of Excellence for Skilling, was sanctioned as part of the National Scheme for ITI Upgradation by which of the following authorities?

Q5. Which one of the following is the earliest scheme under which Industrial Training Institutes began delivering vocational training in India?

Q7. The Rs 60,000 crore outlay of the National Scheme for ITI Upgradation (PM-SETU), approved by the Union Cabinet in 2025, is to be deployed over a period of how many years?

Q8. In the industry-led Special Purpose Vehicle (SPV) that manages each upgraded ITI under PM-SETU, the controlling majority equity of 51% is vested in which of the following?

Q9. Within the Ministry of Skill Development and Entrepreneurship, the upgradation of ITIs and roll-out of industry-aligned revamped trades that underpin PM-SETU's employability and self-employment support is executed through which of the following bodies?

Q10. Unlike PMKVY, which delivers skilling through short-term accredited training centres, PM-SETU is designed to be implemented through which of the following?