Question
Which of the following statement is/are correct about
“ National Pension Scheme For Traders And Self Employed Persons (Pradhan Mantri Laghu Vyapari Maan-Dhan Yojana)”? I. Pradhan Mantri Laghu Vyapari Maan-dhan Scheme has been launched on 12.09.2019. II. It is a Mandatory and contributory pension scheme. III. The traders in the age group of 18-40 years with an annual turnover, not exceeding Rs.1.5 crore are eligible.Solution
Explanation: National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons (originally proposed name was, Pradhan Mantri Laghu Vyapari Maan-dhan Scheme) has been launched on 12.09.2019. It is a voluntary and contributory pension scheme. The traders in the age group of 18-40 years with an annual turnover, not exceeding Rs.1.5 crore and who are not a member of EPFO/ESIC/NPS/PM-SYM or an income tax payers, can join the scheme.
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