Top 50 Questions Related to housing Policy in India for HUDCO Exam

 50 General Knowledge (GK) questions with answers related to Housing Policy in India:

1. Q: What is the main objective of India's Housing Policy?

   • A: To ensure affordable housing for all, particularly for low-income and marginalized sections.

2. Q: When was the first National Housing Policy of India introduced?

   • A: 1988.

3. Q: What is the name of the flagship housing scheme launched by the Government of India in 2015?

   • A: Pradhan Mantri Awas Yojana (PMAY).

4. Q: What are the two major components of PMAY?

   • A: PMAY-Urban (PMAY-U) and PMAY-Rural (PMAY-G).

5. Q: What is the target year for achieving "Housing for All" under PMAY?

   • A: 2022.

6. Q: Under PMAY, what is the credit-linked subsidy scheme (CLSS)?

   • A: It provides interest subsidies on home loans for economically weaker sections (EWS), lower-income groups (LIG), and middle-income groups (MIG).

7. Q: Which ministry is responsible for implementing PMAY-Urban?

   • A: Ministry of Housing and Urban Affairs.

8. Q: Which ministry implements PMAY-Gramin?

   • A: Ministry of Rural Development.

9. Q: What is the maximum size of the house allowed for subsidy under PMAY-Gramin?

   • A: 25 square meters.

10. Q: What is the maximum subsidy amount available under the CLSS for EWS and LIG categories?

    • A: ₹2.67 lakh.

11. Q: What is the minimum carpet area for MIG-I category beneficiaries under CLSS?

    • A: 160 square meters.

12. Q: What is the aim of the "Affordable Rental Housing Complexes (ARHC)" scheme under PMAY-U?

    • A: To provide affordable rental housing to urban migrants and poor.

13. Q: What does RAY stand for in the context of housing policy in India?

    • A: Rajiv Awas Yojana.

14. Q: What was the purpose of Rajiv Awas Yojana (RAY)?

    • A: To make cities slum-free by providing housing to slum dwellers.

15. Q: What is the total interest subsidy offered under CLSS for MIG-I category?

    • A: 4% on loans up to ₹9 lakh.

16. Q: What is the PMAY-U mission’s focus on women beneficiaries?

    • A: Ownership of houses should preferably be in the name of female members of the family.

17. Q: What percentage of the urban population is targeted for housing under PMAY-U?

    • A: 100%, aiming for "Housing for All."

18. Q: What does "Beneficiary Led Construction" (BLC) refer to under PMAY-U?

    • A: Providing financial assistance to individuals for constructing their own houses.

19. Q: What are the four verticals under PMAY-Urban?

    • A: In-Situ Slum Redevelopment, Affordable Housing in Partnership, Credit-Linked Subsidy Scheme, and Beneficiary-Led Construction.

20. Q: Under the PMAY-Gramin, what is the minimum size of a house to be built for beneficiaries?

    • A: 25 square meters including a hygienic cooking space.

21. Q: What is the Green Building initiative under PMAY?

    • A: Encouraging eco-friendly construction practices and materials in housing projects.

22. Q: What is the income limit for EWS households under the Credit Linked Subsidy Scheme?

    • A: ₹3 lakh annually.

23. Q: What is the income range for Middle Income Group (MIG-I) under the PMAY CLSS?

    • A: ₹6 lakh to ₹12 lakh annually.

24. Q: What is the income range for MIG-II under PMAY CLSS?

    • A: ₹12 lakh to ₹18 lakh annually.

25. Q: What is the maximum tenure of a loan under CLSS for all categories?

    • A: 20 years.

26. Q: What is the PMAY Gramin assistance amount provided for house construction in plain areas?

    • A: ₹1.2 lakh.

27. Q: How much financial assistance is provided for house construction in hilly areas under PMAY Gramin?

    • A: ₹1.3 lakh.

28. Q: What is the maximum interest subsidy rate provided under CLSS for EWS and LIG categories?

    • A: 6.5%.

29. Q: Which organization is responsible for monitoring the progress of PMAY-Urban?

    • A: National Housing Bank (NHB).

30. Q: What is the role of State Level Nodal Agencies (SLNA) under PMAY?

    • A: They act as intermediaries to facilitate and monitor the implementation of the PMAY scheme at the state level.

31. Q: How many houses were targeted to be built under PMAY-Gramin by 2022?

    • A: 2.95 crore.

32. Q: What is the special provision for the housing needs of people with disabilities under PMAY?

    • A: Houses constructed under PMAY should be disabled-friendly, with appropriate access and facilities.

33. Q: What is the Affordable Housing Partnership (AHP) vertical under PMAY?

    • A: It focuses on promoting partnerships with private and public sectors to build affordable housing.

34. Q: Which government body was set up to facilitate affordable housing finance?

    • A: Housing and Urban Development Corporation (HUDCO).

35. Q: What is the name of the housing scheme that was merged with PMAY-Rural in 2016?

    • A: Indira Awaas Yojana (IAY).

36. Q: What is the role of Real Estate Regulatory Authority (RERA) in housing policy?

    • A: To regulate the real estate sector and protect the interests of home buyers by ensuring transparency and accountability in housing projects.

37. Q: Which state was the first to sign a memorandum with the Centre for implementing PMAY-Urban?

    • A: Gujarat.

38. Q: Which government body undertakes housing finance for slum rehabilitation under PMAY?

    • A: National Housing Bank (NHB).

39. Q: What percentage of PMAY-Gramin houses are to be constructed using eco-friendly techniques?

    • A: 60%.

40. Q: What is the financial contribution from the central government under PMAY-Gramin for plain areas?

    • A: 60% of the unit cost.

41. Q: What is the financial contribution from the central government under PMAY-Gramin for hilly areas?

    • A: 90% of the unit cost.

42. Q: How many houses were completed under PMAY-Gramin as of 2021?

    • A: Over 1.75 crore houses.

43. Q: What is the convergence of PMAY-Gramin with other government schemes?

    • A: PMAY-G integrates with schemes like Swachh Bharat Mission and Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to provide toilets and enhance livelihoods.

44. Q: What is the focus of "In-Situ Slum Redevelopment" under PMAY-U?

    • A: Redeveloping slums with better housing and infrastructure while rehabilitating slum dwellers on the same land.

45. Q: Under PMAY-Urban, what is the maximum income limit for LIG beneficiaries?

    • A: ₹6 lakh per annum.

46. Q: Which financial institution assists states in implementing PMAY-Gramin?

    • A: National Bank for Agriculture and Rural Development (NABARD).

47. Q: What is the Affordable Housing in Partnership (AHP) scheme?

    • A: A partnership model where central assistance is provided for affordable housing projects undertaken by private or public sector entities.

48. Q: What is the difference between PMAY-U and PMAY-G?

    • A: PMAY-U focuses on urban housing, while PMAY-G is focused on rural housing.

49. Q: What percentage of houses under PMAY-Gramin are allocated to SC/ST communities?

    • A: 60%.

50. Q: What is the role of Housing for All Mission Directorate?

    • A: To oversee the implementation of PMAY across states and ensure the achievement of targets.