Question

Which of the following statement is/are correct about “ National Pension Scheme For Traders And Self Employed Persons (Pradhan Mantri Laghu Vyapari Maan-Dhan Yojana)”?
I.         Pradhan Mantri Laghu Vyapari Maan-dhan Scheme has been launched on 12.09.2019.
II.         It is a Mandatory and contributory pension scheme.
III.         The traders in the age group of 18-40 years with an annual turnover, not exceeding Rs.1.5 crore are eligible.

Q: Answer-Which of the following statement is/are correct about “National Pension Scheme For Traders And Self...

Explanation National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons originally proposed name was, Pradhan Mantri Laghu Vyapari Maan-dhan Scheme has been launched on 12.09.2019. It is a voluntary and contributory pension scheme. The traders in the age group of 18-40 years with an annual turnover, not exceeding Rs.1.5 crore and who are not a member of EPFOESICNPSPM-SYM or an income tax payers, can join the scheme.