With reference to PM Vidyalaxmi Scheme consider the following statements It is a Centrally Sponsored...........

Economic Affairs Skill Development

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With reference to PM Vidyalaxmi Scheme, consider the following statements

It is a Centrally Sponsored Scheme.
It is applicable to educational institutions which are determined by the National Institutional Ranking Framework rankings.
Under this scheme any student who gets admission in quality Higher Education Institution (QHEIs) will get collateral free loan.

How many of the above statements are correct?

Only One

Only Two

All Three

None

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Explanation:

Only statements 2&3 are correct.

Recently, the union cabinet approved the PM Vidyalaxmi scheme, which seeks to provide financial support to meritorious students in their pursuit of higher education.

It is a Central Sector Scheme.

Features

Under this scheme any student who gets admission in quality Higher Education Institution (QHEIs) will be eligible to get collateral free, guarantor free loan from banks and financial institutions to cover full amount of tuition fees and other expenses related to the course.
The scheme will be administered through a simple, transparent and student-friendly system that will be inter-operable and entirely digital.
It will be applicable to the top quality higher educational institutions of the nation, as determined by the NIRF rankings - including all HEIs, government and private, that are ranked within the top 100 in NIRF in overall, category-specific and domain specific rankings; state government HEIs ranked in 101-200 in NIRF and all central government governed institutions.

Hence option 2nd is correct.