New IFSCA Phase 1 Results Out - Enroll Here for Phase 2

    Register

    Question

    Under the PM Awas Yojana Urban 2.0, what is the primary mechanism through which the government plans to facilitate affordable housing loans?

    A Direct cash transfers to beneficiaries Correct Answer Incorrect Answer
    B Tax breaks for real estate developers Correct Answer Incorrect Answer
    C Interest subsidies on housing loans Correct Answer Incorrect Answer
    D Reduction in stamp duty on property purchases Correct Answer Incorrect Answer
    E Rent-to-own schemes for low-income families Correct Answer Incorrect Answer

    Solution

    While the budget mentions various measures to promote affordable housing, a key component of PM Awas Yojana Urban 2.0 is providing interest subsidies on housing loans to make them more accessible to the target population.

    Practice Next