Q. Consider the following statements regarding “Pradhan Mantri Matsya Sampada Yojana (PMMSY)”:
1.It was launched 2014.
2.PMMSY marks the highest-ever investment in the fisheries sector in India.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: B
Notes:

Explanation: In May 2020, as a part of the ANB package, the Government of India launched its flagship scheme Pradhan Mantri Matsya Sampada Yojana (PMMSY), with a total outlay of ₹20,050 crore.

PMMSY marks the highest-ever investment in the fisheries sector in India, to be implemented over five years from FY21 to FY25 in all States/Union Territories to drive sustainable and responsible development of the fisheries sector while ensuring socio-economic development of the fishers, fish farmers and fish workers.

Source: Economic Survey