New 55% Off on All Courses - Enroll Now! Click Here

    Question

    Who among the following can be the beneficiary of PM

    Kisan Maan Dhan Yojana?
    A Any 46-year-old person Correct Answer Incorrect Answer
    B A 35 years old person with less than 2 hectares of land Correct Answer Incorrect Answer
    C A 36 years old person who has invested in NPS. Correct Answer Incorrect Answer
    D a & b Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) aims to secure the lives of 5 crore small and marginal farmers by providing them a minimum pension of ₹3000 per month, who attains the age of 60 years. All small and marginal farmers (who own cultivable land up to 2 hectares) as per the land records of the concerned State/UT and are between 18 and 40 years of age are eligible under this scheme. Any person making a contribution to Employees’ Provident Fund Organisation (EPFO), Employees' State Insurance Corporation (ESIC), National Pension System (NPS), Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM), and/or paying income tax is not eligible for the scheme.

    Practice Next