Q. Consider the following statements regarding “Pradhan Mantri Shram Yogi Maan-Dhan Scheme”:
1.It is a voluntary contributory pension scheme for the workers of the unorganized sector.
2.The age criteria for the scheme are 18 – 40.
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 Shram Yogi Maan-Dhan Scheme: A 50:50 voluntary contributory pension scheme for the workers of the unorganized sector for their old age protection and social security.

  • The un-organized workers are mostly engaged as home-based workers, street vendors, midday meal workers, etc whose monthly income is up to Rs 15,000/ per month.
  • These workers must also belong to the entry age group of 18-40 years.

Source: FORUMIAS

Blog
Academy
Community