Govt. launched the Prime Minister’s Internship scheme to provide 1.25 lakh internships

Current Context: The government has indeed launched the Prime Minister’s Internship Scheme. This initiative aims to provide 1.25 lakh internships in the top 500 companies during the fiscal year 2024-25.

• The scheme is part of a larger plan to create one crore internship opportunities over the next five years.
• Here are some key details about the scheme:
• Registration Period: October 12-25, 2024.
• Monthly Stipend: Interns will receive ₹5,000 per month, with ₹4,500 contributed by the government and ₹500 by the participating companies.
• Eligibility: Youth aged between 21 and 24 years, with qualifications ranging from high school certificates to graduate degrees.
• Application Portal: Interested candidates can register on the official portal: pminternship.mca.gov.in

Question:

1 What is the monthly stipend provided to interns under the Prime Minister’s Internship Scheme?

• A) ₹3,000
• B) ₹4,000
• C) ₹2,000
• D) ₹5,000

Answer: D) Interns will receive a monthly stipend of ₹5,000, with ₹4,500 contributed by the government and ₹500 by the participating companies.