Preliminary exam General Studies September 10, 2024

1.  Consider the following statements regarding the Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY):

  1. Only farmers owning up to 1 hectare of cultivable land are eligible for the scheme.
  2. The pension provided under the scheme is directly linked to the contribution made by the farmer and the government, with both contributing equally to a pension fund.
  3. A farmer who joins the scheme at the age of 30 will have to contribute a higher monthly premium than a farmer who joins at the age of 18.
  4. If a farmer dies before reaching the age of 60, the spouse is eligible to receive the full pension benefits immediately without any further contributions.

Which of the above statements are correct?