Under the flagship 'Yuva Nidhi' scheme implemented by the Government of Karnataka, what is the monthly financial assistance provided to eligible unemployed graduate degree holders?
- ₹3,000 per month for a maximum period of two yearsAnswer
- B₹5,000 per month until securing permanent employment
- C₹1,500 per month for a period of five years
- D₹10,000 as a one-time lump sum grant upon graduation
Answer
The correct answer is ₹3,000 per month for a maximum period of two years.
The 'Yuva Nidhi' scheme, launched by the Government of Karnataka as one of its five core welfare guarantees, provides financial assistance of ₹3,000 per month to unemployed graduates and ₹1,500 per month to unemployed diploma holders for up to two years (24 months) if they remain unemployed after graduation.
Step-by-Step Solution
Key Concept
Yuva Nidhi Scheme Provisions and Financial Assistance Rates