Question

    Under the “PM-CARES for Children” scheme a corpus of ____________ will be allocated to each of these children from the PM CARES fund.

    A Rs. 1 lakh Correct Answer Incorrect Answer
    B Rs. 2.5 lakh Correct Answer Incorrect Answer
    C Rs. 3 lakh Correct Answer Incorrect Answer
    D Rs. 5 lakh Correct Answer Incorrect Answer
    E Rs. 10 lakh Correct Answer Incorrect Answer

    Solution

    Explanation: A corpus of Rs. 10 lakh will be allocated to each of these children from the PM CARES fund. This corpus will be used to give a monthly stipend from 18 years of their age, for the next five years and on reaching the age of 23 years, he or she will get the corpus amount as one lump-sum for personal and professional use.

    Practice Next