Ambitious Water Conservation Scheme launched in 2018 is known as

Deen Dayal Bhujal Yojana
Atal Bhujal Yojana
Neeranchal Yojana
None of the above

The correct answer is: A. Deen Dayal Bhujal Yojana

The Deen Dayal Bhujal Yojana (DDBY) is a centrally sponsored scheme launched by the Government of India in 2018. The scheme aims to improve groundwater management and recharge in rural areas. The scheme is being implemented in 8 states: Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, and Uttar Pradesh.

The DDBY has a total outlay of Rs. 6,000 crore for the period 2018-2022. The scheme is being implemented through a convergence approach with other schemes such as the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Pradhan Mantri Krishi Sinchai Yojana (PMKSY), and Rashtriya Jal Jeevan Mission (RJJM).

The DDBY has four components:

  1. Watershed development: This component aims to improve the water holding capacity of the soil and recharge groundwater.
  2. Water conservation: This component aims to reduce water losses through seepage, evaporation, and runoff.
  3. Water harvesting: This component aims to collect rainwater and store it for use during the dry season.
  4. Water management: This component aims to improve the efficiency of water use in agriculture and domestic sectors.

The DDBY is a comprehensive scheme that aims to address all aspects of groundwater management. The scheme has the potential to improve groundwater levels and reduce the demand for groundwater. The scheme is also expected to create employment opportunities in rural areas.

The other options are incorrect because they are not the names of the ambitious water conservation scheme launched in 2018.