Question

Which of the following statement(s) is/are correct for Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY)?

1. It is a voluntary and contributory pension scheme.

2. All small and marginal farmers are eligible for the scheme.

3. The entry age for the scheme is 18 to 40 years of age.

A only 1 is correct Correct Answer Incorrect Answer
B only b is correct Correct Answer Incorrect Answer
C only 1 and 2 is correct Correct Answer Incorrect Answer
D only 3 is correct Correct Answer Incorrect Answer
E all 1,2 and 3 are correct Correct Answer Incorrect Answer

Solution

The Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) aims to secure the lives of 5 crore small and marginal farmers by providing them a minimum pension of ₹3000 per month, who attains the age of 60 years.

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