Question

    Which of the following is/are the eligibilities to participate in the Pradhan Mantri Shram Yogi Maan-Dhan Yojana?

    I- The workers in the age group of 18 to 40 years are eligible.

    II- The beneficiaries’ monthly income must be less than Rs. 15000.

    III- The beneficiaries’ must not be a member of EPFO/ ESIC/ NPS (Govt. funded).

    A I & II Correct Answer Incorrect Answer
    B II & III Correct Answer Incorrect Answer
    C Only II Correct Answer Incorrect Answer
    D I, II, III Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Launched in March 2019, the PM-SYMDY is a voluntary and contributory pension scheme for providing a monthly minimum assured pension of  3,000 upon attaining the age of 60 years. The workers in the age group of 18 to 40 years having a monthly income of  15,000 or less and not a member of EPFO/ ESIC/ NPS (Govt. funded) can join the scheme.

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