Current Affairs · Government Schemes
Which of the following options correctly outlines the eligibility, age requirements, and structural features of the Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMDY)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Assured pension of Rs 1,500 per month, entry age of 25-55 years, open to all unorganized sector workers, with contributions collected exclusively through EPFO channels.
- 2Assured pension of Rs 5,000 per month, entry age of 18-60 years, limited strictly to landless tenant farmers, funded entirely by State Governments and managed by NABARD.
- 3Assured pension of Rs 3,000 per month, entry age of 18-40 years, applicable to small and marginal farmers with cultivable land up to 2 hectares, with a matching contribution by the Central Government and LIC as the Pension Fund Manager.✓
- 4Assured pension of Rs 2,000 per month, entry age of 21-50 years, open to all rural residents, with no individual beneficiary contribution and no LIC involvement.
Correct answer
Assured pension of Rs 3,000 per month, entry age of 18-40 years, applicable to small and marginal farmers with cultivable land up to 2 hectares, with a matching contribution by the Central Government and LIC as the Pension Fund Manager.
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