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Question

PM Kisan Samman Nidhi scheme is a scheme with _________ per cent funding from the central government. Under the scheme, income support of Rs. ________ per year in three equal instalments is being provided to small and marginal farmer families having combined land holding/ownership of up to _________. State Government and UT administration identify the farmer families which are eligible for support as per scheme guidelines and directly transfer the fund to the bank accounts of the beneficiaries. However, those who have not yet registered themselves under PM Kisan Samman Nidhi Scheme (yojana), they must do the same before the end of this month, i.e, March 31 to receive Rs 4,000 from the government. If their application is accepted, they will get the first instalment of Rs. 2000 after Holi (that falls on March 28-29) and second instalment of Rs 2,000 in the month of April or May, reports have said.

Which of the following is not one of the advantages of PM KISAN scheme?

A It eases liquidity constraints of farmers. Correct Answer Incorrect Answer
B It aids in modernisation Correct Answer Incorrect Answer
C The amount goes to the farmers under Direct Benefit Transfer Correct Answer Incorrect Answer
D PM KISAN was launched in Gorakhpur, Uttar Pradesh Correct Answer Incorrect Answer
E There is no prescribed Exclusion list of beneficiaries under the Scheme. Correct Answer Incorrect Answer

Solution

Any institutional land-holders. The farmer as well as any member of the family belonging to the following categories: Former and present holders of constitutional posts Former and present Ministers/ State Ministers Former or present members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils Former and present Mayors of Municipal Corporations Former and present Chairpersons of District Panchayats. Any serving or retired officers as well as employees under the Central/ State Government Ministries /Offices/Departments. All retired pensioners who get a monthly pension of Rs.10,000/-or more and belonging to the above category. Any individual who paid their income tax in the last assessment year is not eligible under this scheme. Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.

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