Question

Which of the following is Incorrect regarding “PM Shram Yogi Man Dhan Yojana”?

A PM-SYM is a Central Sector Scheme. Correct Answer Incorrect Answer
B It is administered by the Ministry of Labour and Employment Correct Answer Incorrect Answer
C It is implemented through pension fund regulatory and development authority. Correct Answer Incorrect Answer
D The Subscriber should belong to the entry age group of 18-40 years. Correct Answer Incorrect Answer

Solution

it is implemented through Life Insurance Corporation of India and Community Service Centers (CSCs). LIC will be the Pension Fund Manager and responsible for Pension pay out.

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