Question:

RAFTAAR stands for:

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RAFTAAR: Remunerative Approaches (RKVY scheme for agribusiness).
  • Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation
  • Renewed Approaches for Agriculture and Allied Sectors Restructuring
  • Responsive Agency for Agriculture and Allied Sectors Rejuvenation
  • Receptive Agency for Agriculture and Allied Sectors Restructuring
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The Correct Option is A

Approach Solution - 1

RAFTAAR (Rashtriya Krishi Vikas Yojana - Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation) is a revamped scheme under RKVY, launched in 2018–19 to promote agribusiness and entrepreneurship. The correct full form is “Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation,” making option (1) correct. Note: The provided answer (2) “Renewed Approaches” is incorrect, as official documents (e.g., Ministry of Agriculture) use “Remunerative.” This may be an error in the answer key.
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Approach Solution -2

All four options share the identical middle phrase, 'Agriculture and Allied Sectors', so the decision comes down to two word choices: the opening adjective (Remunerative / Renewed / Responsive / Receptive) and the closing noun (Rejuvenation / Restructuring). RAFTAAR was launched as a sub-scheme of RKVY specifically to make farming more profitable and market-oriented, which is the sense of 'remunerative', not merely 'renewed' or 'responsive'. Its stated goal is likewise to revive growth in agriculture and allied sectors, not to administratively 'restructure' them. Matching both word choices together points only to 'Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation', option (1).
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