Question Details

Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) enrollment is open to farmers aged:

Options

A

18–30 years

B

18–40 years

C

21–45 years

D

25–50 years

Show Answer

Correct Answer :

Option B

18–40 years

Solution :

The correct answer is 18–40 years.


Explanation:

Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) is a government scheme launched in India to provide social security to Small and Marginal Farmers (SMFs) in their old age.


Key highlights and eligibility criteria of the scheme include:

1. Age Limit for Enrollment: The scheme is voluntary and contributory for small and marginal farmers aged between 18 to 40 years.
2. Pension Benefits: Upon reaching the age of 60 years, eligible farmers receive a minimum assured pension of ₹3,000 per month.
3. Contribution: The applicants need to make a monthly contribution ranging from ₹55 to ₹200 (depending on their entry age) until they reach 60 years of age. The Central Government makes an equal matching contribution to the pension fund.

Unlock Our Free Library

Access expert-curated educational resources and study materials—completely free.

Discover more resources

You may also like

Mock Tests

View All
  • CLAT
  • intermediate
  • 2 hours
  • current affairs, general knowledge, legal reasoning, logical reasoning, quant

  • CLAT
  • intermediate
  • 2 hours
  • current affairs, english, general knowledge, legal reasoning, logical reasoning, quant

Ask AI Tutor
5 left
Q1 View Question & Options
AI Tutor is solving this question...
Reading question context & options...