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    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)

    Consider the following Statements.

    (I) PM-KMY Scheme is applicable to all small and marginal farmers.

    (II) Small and marginal farmers are the farmers who own cultivable land up to 2 hectares as per the land records of the concerned State/UT.

    (III) If the beneficiary dies before the retirement date, the spouse cannot continue this scheme but will receive the total contribution made by the farmer along with interest.

    A Only I Correct Answer Incorrect Answer
    B I & II Correct Answer Incorrect Answer
    C II & III Correct Answer Incorrect Answer
    D Only III Correct Answer Incorrect Answer
    E I, II, III Correct Answer Incorrect Answer

    Solution

    If the beneficiary dies before the retirement date, the spouse may continue this scheme by paying the remaining contributions. But if the spouse does not wish to continue, then, the total contribution made by the farmer along with interest will be paid to the spouse. All the small and marginal farmers (who own cultivable land up to 2 hectares) as per the land records of the concerned State/UT) and are aged between 18 years to 40 years are eligible to apply for the Pradhan Mantri Kisan Maan-Dhan Yojana and can avail all the benefits of this Scheme.

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