New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    In an endeavour to promote door to door digital banking and financial services in remote areas of Jammu Kashmir, J&K Rural Livelihood Mission (JKRLM) has trained 125 women from Self Help Groups as DIGI-Pay Sakhis in 2000 villages under Mission ‘One Gram Panchayat-One DIGI-Pay Sakhi’. Lieutenant Governor, Manoj Sinha, led administration is taking several groundbreaking steps to transform the lives of women of Jammu and Kashmir, especially those living in rural areas by engaging them in gainful livelihood interventions. Lieutenant Governor, during the launch of Mission ‘One Gram Panchayat-One DIGI-Pay Sakhi’ in the UT last year had distributed 80 Aadhaar Enabled Payment Systems (AEPs) among the DIGI-Pay Sakhis under JKRLM. Lieutenant Governor said that DIGI-Pay Sakhi has introduced financial inclusion within the UT’s Self Help Group (SHG) ecosystem creating much needed financial access points with greater transparency even in remotest of the areas. Apart from depositing money, the village population can also avail the benefits of additional banking and financial services such as Pradhan Mantri Kisan Maandhan Yojana, registration of Kisan Credit Card etc, LG added. In a first of its kind, J&K government is working to set up Women Industrial Estate at Udhampur Industrial Estate to further strengthen the Women Entrepreneurs Ecosystem in J&K. (Source- Greater Kashmir)

    The members of PM-KMY Scheme are required to make a

    monthly contribution to the Pension Fund between _______ to _________, depending on their age with the provision of equal contribution by the Central Government.
    A Rs. 50, & Rs. 500 Correct Answer Incorrect Answer
    B Rs. 55, & Rs. 250 Correct Answer Incorrect Answer
    C Rs. 55, & Rs. 200 Correct Answer Incorrect Answer
    D Rs. 60, & Rs. 200 Correct Answer Incorrect Answer
    E Rs. 65, & Rs. 500 Correct Answer Incorrect Answer

    Solution

    PM-KMY Scheme in India is a central sector scheme for farmers aged between 18 to 40 years. The beneficiary can become a member of the PM-KMY Scheme by registering under the Pension Fund managed by the Life Insurance Corporation of India (LIC). The members are thus required to make a monthly contribution to the Pension Fund between Rs.55/- to Rs.200/-, depending on their age with the provision of equal contribution by the Central Government.

    Practice Next