Govt. Exams
Entrance Exams
While Indian ports expanded capacity in 2024, no Indian port achieved the status of world's busiest. Singapore and Shanghai remain the top ports.
Gujarat achieved a milestone in 2024 by becoming the first Indian state to add 100% renewable energy capacity in its new power generation projects.
India expanded its Central Bank Digital Currency (CBDC) known as Digital Rupee (e-Rupee) for retail transactions in 2024.
India conducted its first joint military exercises with Norway in the Arctic region in 2024, marking a significant expansion of India's strategic partnerships.
IIT Bombay achieved the highest ranking among Indian universities in the Asia University Rankings 2024.
Karnataka expanded its e-Sanjeevani telemedicine platform with AI capabilities in 2024 for better rural healthcare reach.
Koo, the made-in-India social media platform, reported crossing 100 million users milestone in 2024.
India's 2024 policy emphasized semiconductor and electronics manufacturing under the 'Make in India' initiative to reduce import dependency.
# Pradhan Mantri Atal Pension Yojana (PMAPY) Expansion Analysis
The Pradhan Mantri Atal Pension Yojana is a government-backed pension scheme designed to provide social security and guaranteed minimum pension to workers in the unorganized sector.
Step 1: Understanding PMAPY's Core Objective
The scheme was originally launched in 2015 to address the pension security gap for India's vast unorganized workforce, which lacks formal employment benefits and employer-sponsored retirement plans. The 2024 expansion specifically targeted the unorganized (informal) sector—including street vendors, domestic workers, construction workers, and self-employed individuals—who constitute approximately 90% of India's workforce but remain outside traditional pension systems.
Step 2: Key Features of the Expansion
The 2024 expansion focused on increasing enrollment among informal sector workers by reducing eligibility barriers, enhancing government contributions, and improving scheme accessibility through digital platforms. This sector was chosen because it faces maximum vulnerability due to income irregularity, lack of job security, and absence of organized retirement benefits.
The correct answer is (A) Unorganized (Informal) sector — the primary beneficiary of PMAPY's 2024 expansion.
India's Consumer Price Index (CPI) inflation remained within the RBI's target band, hovering around 3.5-4.0% by end of 2024.
