New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) is an

    old-age pension scheme aimed at providing financial support to small and marginal farmers. However, certain criteria may lead to the rejection of applications under the scheme. Which of the following is/are correct reasons for rejection of an application under PM-KMY? 1.      The applicant is already enrolled in another government pension scheme. 2.      The applicant owns more than two hectares of cultivable land. 3.      The applicant's age at the time of enrollment is above 45 years.
    A Only 1 and 2 Correct Answer Incorrect Answer
    B Only 2 and 3 Correct Answer Incorrect Answer
    C Only 1 and 3 Correct Answer Incorrect Answer
    D Only 1 and 2 and 3 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Applications to the PM-KMY can be rejected if the applicant is already enrolled in another government pension scheme or owns more than two hectares of cultivable land. Age restrictions also apply, but the age at enrollment cannot exceed 40 years for eligibility.

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