UPSC Prelims Practice Questions — PM Vishwakarma Completes Three Years: 30 Lakh Artisans Registered Under the Scheme

Q1. Consider the following descriptions of benefits under the PM Vishwakarma Scheme: 1. Basic skill training of 5-7 days, accompanied by a training stipend of ₹500 per day 2. A toolkit incentive of up to ₹15,000 in the form of an e-voucher, given at the commencement of basic skill training 3. An incentive of ₹1 per eligible digital transaction, subject to a ceiling of 100 transactions in a month 4. The PM Vishwakarma Certificate and ID card, issued to the artisan only after the first loan tranche is disbursed Which of the statements given above is/are correct?

  1. Basic skill training of 5-7 days, accompanied by a training stipend of ₹500 per day
  2. A toolkit incentive of up to ₹15,000 in the form of an e-voucher, given at the commencement of basic skill training
  3. An incentive of ₹1 per eligible digital transaction, subject to a ceiling of 100 transactions in a month
  4. The PM Vishwakarma Certificate and ID card, issued to the artisan only after the first loan tranche is disbursed
  • A. 1, 2 and 3 only
  • B. 2 and 4 only
  • C. 1 and 3 only
  • D. 1, 2, 3 and 4

Q2. With reference to the 18 traditional trades notified under the PM Vishwakarma Scheme, consider the following: 1. Sculptor (Moortikar, stone carver) and stone breaker figure among the notified trades. 2. Cobbler (Charmakar)/shoesmith/footwear artisan figures among the notified trades. 3. As the scheme covers only artisans producing tangible goods, service-based traditional occupations such as barber and washerman are entirely excluded. 4. Mason (Rajmistri) figures among the notified trades. Which of the above is/are correctly identified?

  1. Sculptor (Moortikar, stone carver) and stone breaker figure among the notified trades.
  2. Cobbler (Charmakar)/shoesmith/footwear artisan figures among the notified trades.
  3. As the scheme covers only artisans producing tangible goods, service-based traditional occupations such as barber and washerman are entirely excluded.
  4. Mason (Rajmistri) figures among the notified trades.
  • A. 1 and 2 only
  • B. 2 and 3 only
  • C. 1, 2 and 4 only
  • D. 1, 2, 3 and 4

Q3. Boat Maker, Armourer, Handloom Weaver, Locksmith, Carpet Weaver and Fishing Net Maker - how many of these occupations are notified trades under the PM Vishwakarma Scheme?

  • A. Only two of the six occupations listed
  • B. Only three of the six occupations listed
  • C. Only four of the six occupations listed
  • D. Only five of the six occupations listed

Q4. Consider the following statements regarding the financing of the PM Vishwakarma Scheme: 1. Its financial outlay of ₹13,000 crore covers the period from FY 2023-24 to FY 2027-28. 2. The States are required to contribute 40 per cent of the scheme's expenditure from their own budgets. 3. The scheme was approved by the Cabinet Committee on Economic Affairs chaired by the Prime Minister. 4. The toolkit incentive and the interest subvention on beneficiary loans are met from the Union Government's outlay for the scheme. Which of the statements given above is/are NOT correct?

  1. Its financial outlay of ₹13,000 crore covers the period from FY 2023-24 to FY 2027-28.
  2. The States are required to contribute 40 per cent of the scheme's expenditure from their own budgets.
  3. The scheme was approved by the Cabinet Committee on Economic Affairs chaired by the Prime Minister.
  4. The toolkit incentive and the interest subvention on beneficiary loans are met from the Union Government's outlay for the scheme.
  • A. 1 and 3 only
  • B. 2 only
  • C. 2 and 4 only
  • D. 4 only

Q5. Consider the following statements comparing the financing of the PM Vishwakarma Scheme with that of a Centrally Sponsored Scheme: 1. Unlike a Centrally Sponsored Scheme, PM Vishwakarma entails no matching State share, as it is a Central Sector Scheme. 2. Its approved outlay is spread over five financial years, the last of which is FY 2027-28. 3. In its credit component, the beneficiary bears interest of 8 per cent while the balance of 5 per cent is borne by the State Governments. Which of the statements given above is/are correct?

  1. Unlike a Centrally Sponsored Scheme, PM Vishwakarma entails no matching State share, as it is a Central Sector Scheme.
  2. Its approved outlay is spread over five financial years, the last of which is FY 2027-28.
  3. In its credit component, the beneficiary bears interest of 8 per cent while the balance of 5 per cent is borne by the State Governments.
  • A. 1 and 2 only
  • B. 2 only
  • C. 2 and 3 only
  • D. 1, 2 and 3

Q6. Under the Enterprise Development Loan of the PM Vishwakarma Scheme, what is the largest single tranche that a beneficiary can be sanctioned, and over what tenure is it repayable?

  • A. ₹1 lakh, repayable over a tenure of 18 months
  • B. ₹2 lakh, repayable over a tenure of 30 months
  • C. ₹3 lakh, repayable over a tenure of 36 months
  • D. ₹50,000, repayable over a tenure of 12 months

Q7. Consider the following statements about credit support under the PM Vishwakarma Scheme: 1. The loans are collateral-free and require no third-party guarantee from the beneficiary. 2. The rate of interest chargeable to the beneficiary is concessional and fixed at 5 per cent. 3. Every registered beneficiary is automatically entitled to the second tranche, irrespective of the conduct of the first loan account. 4. The first tranche is repayable over a tenure of 18 months. Which of the statements given above is/are NOT correct?

  1. The loans are collateral-free and require no third-party guarantee from the beneficiary.
  2. The rate of interest chargeable to the beneficiary is concessional and fixed at 5 per cent.
  3. Every registered beneficiary is automatically entitled to the second tranche, irrespective of the conduct of the first loan account.
  4. The first tranche is repayable over a tenure of 18 months.
  • A. 1 only
  • B. 2 and 4 only
  • C. 3 only
  • D. 3 and 4 only

Q8. Consider the following statements about the PM Vishwakarma Scheme: 1. It was launched on 17 September 2023, on the occasion of Vishwakarma Jayanti. 2. The Ministry of Textiles is the nodal ministry for the scheme. 3. The Ministry of Skill Development and Entrepreneurship is one of the ministries jointly implementing the scheme. 4. The Department of Financial Services under the Ministry of Finance is associated with the implementation of the scheme. Which of the statements given above is/are NOT correct?

  1. It was launched on 17 September 2023, on the occasion of Vishwakarma Jayanti.
  2. The Ministry of Textiles is the nodal ministry for the scheme.
  3. The Ministry of Skill Development and Entrepreneurship is one of the ministries jointly implementing the scheme.
  4. The Department of Financial Services under the Ministry of Finance is associated with the implementation of the scheme.
  • A. 1 only
  • B. 2 only
  • C. 2 and 3 only
  • D. 1 and 4 only

Q9. With reference to the reported progress of the PM Vishwakarma Scheme, consider the following: 1. As of 1 December 2025, over 23 lakh of the 30 lakh registered beneficiaries had been trained. 2. More than 6.8 lakh beneficiaries had been paid digital payment incentives amounting to about ₹22 crore. 3. The scheme's five-year registration target of 30 lakh was attained within about two years of launch. 4. Since registration is completed only after three-stage verification, every registered beneficiary has necessarily completed both basic and advanced training. Which of the above is/are correctly identified?

  1. As of 1 December 2025, over 23 lakh of the 30 lakh registered beneficiaries had been trained.
  2. More than 6.8 lakh beneficiaries had been paid digital payment incentives amounting to about ₹22 crore.
  3. The scheme's five-year registration target of 30 lakh was attained within about two years of launch.
  4. Since registration is completed only after three-stage verification, every registered beneficiary has necessarily completed both basic and advanced training.
  • A. 1 and 3 only
  • B. 1, 2 and 3 only
  • C. 2, 3 and 4 only
  • D. 1, 2, 3 and 4

Q10. An applicant who availed a loan under PMEGP in the preceding five years is barred from PM Vishwakarma; PMEGP itself is implemented at the national level through which nodal agency?

  • A. Khadi and Village Industries Commission, a statutory body established in the year 1956
  • B. National Small Industries Corporation, a public sector enterprise established in the year 1955
  • C. Small Industries Development Bank of India, set up under an Act passed in the year 1989
  • D. National Bank for Agriculture and Rural Development, set up under an Act passed in the year 1981

Q11. After an artisan enrols for the PM Vishwakarma Scheme through a Common Service Centre, what constitutes the first stage of the prescribed verification of that enrolment?

  • A. Verification of the applicant at the Gram Panchayat or Urban Local Body level
  • B. Vetting and recommendation of the application by the District Implementation Committee
  • C. Approval of the application by the Screening Committee constituted for the purpose
  • D. Ratification of the application by the National Steering Committee of the scheme