Q. Consider the following statements regarding “Pradhan Mantri Kisan Mandhan Yojana”:
1.It is a central sector and pension scheme.
2.It is eligible for only small and marginal farmers who own less than 2 hectares of land.
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: C
Notes:

Explanation: Pradhan Mantri Kisan Mandhan Yojana is a new central sector and pension scheme.

  • It is eligible for only small and marginal farmers who own less than 2 hectares of land (While PM-KISAN is for all farmers).
  • Under this Scheme, a minimum fixed monthly pension of Rs.3,000 is provided on attaining the age of 60 years.
  • It is a voluntary and contributory pension scheme, with entry age of 18 to 40 years.

Source: FORUMIAS

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