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Question

Which of the following statements is/are INCORRECT with  respect  to the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)?

I.The financial benefit of Rs 6000/- per year in three equal installments, every four months, is transferred into the bank accounts of farmers’ families across the country.

II.It is a Central Sector Scheme with 100% funding from the Government of India.

III.The scheme is only applicable for Small and Marginal Farmers (SMFs) having landholding upto 2 hectares.

A Only I Correct Answer Incorrect Answer
B Only III Correct Answer Incorrect Answer
C Only I & II Correct Answer Incorrect Answer
D Only II & III Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The financial benefit of Rs 6000/- per year in three equal installments, every four months, is transferred into the bank accounts of farmers’ families across the country. It is a Central Sector Scheme with 100% funding from the Government of India. The scheme was initially meant for Small and Marginal Farmers (SMFs) having landholding upto 2 hectares but the scope of the scheme was extended to cover all landholding farmers. 

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