Question

    Under PMLVMY, what is the annual turnover limit for

    small businesses ?
    A 50 Lac Correct Answer Incorrect Answer
    B 75 Lac Correct Answer Incorrect Answer
    C 1 Cr Correct Answer Incorrect Answer
    D 1.5 Cr Correct Answer Incorrect Answer
    E 2 Cr Correct Answer Incorrect Answer

    Solution

    Laghu Vyapari Mandhan Yojna

    • To provide pension to small/micro buisnesman
    • Who is eligible ?
    1. 18-40
    2. Annual turnover not exceeding 1.5 Cr
    3. Should not be a member of NPS/ESIC/EPFO/SYM/Income tax payer 3000 after 60
    • 50% premium contribution by laghu vyapari
    • Pension fund will be administered by LIC

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