With reference to the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana, consider the following statements : 1. The entry age group for enrolment in the scheme is 21 to 40 years. 2. Age specific contribution shall be made by the beneficiary. 3. Each subscriber under the scheme shall receive a minimum pension of ₹ 3,000 per month after attaining the age of 60 years. 4. Family pension is applicable to the spouse and unmarried daughters. Which of the statements given above is/are correct ?

Correct Option (B) Statements 2 and 3 are correct. - Statement 2: The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana incorporates an age-specific contribution mechanism. The monthly contribution required from a beneficiary varies based on their entry age into the scheme. - Statement 3: Under the PM-SYM scheme, subscribers are assured a minimum guaranteed pension of Rs. 3000 per month upon reaching 60 years of age. Incorrect Options - Statement 1: The correct entry age for enrolment in the PM-SYM scheme is 18 to 40 years, not 21 to 40 years. Therefore, statement 1 is incorrect. - Statement 4: Family pension under the PM-SYM scheme is exclusively applicable to the spouse of the deceased subscriber, who receives 50% of the pension. There is no provision for unmarried daughters to receive family pension under this scheme. Therefore, statement 4 is incorrect.

With reference to the Pradhan Mantri Shram… - IAS 2024 Economics PYQ

IAS 2024 — Economics Economy

2024mcqmedium

With reference to the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana, consider the following statements :

The entry age group for enrolment in the scheme is 21 to 40 years.
Age specific contribution shall be made by the beneficiary.
Each subscriber under the scheme shall receive a minimum pension of ₹ 3,000 per month after attaining the age of 60 years.
Family pension is applicable to the spouse and unmarried daughters.

Which of the statements given above is/are correct ?

Official previous-year question

Prelims GS Paper I · Held on 16 Jun 2024.

Options

A1, 3 and 4
B2 and 3 only
C2 only
D1, 2 and 4

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Solution

Correct Option (B)

Statements 2 and 3 are correct.

Statement 2: The Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana incorporates an age-specific contribution mechanism. The monthly contribution required from a beneficiary varies based on their entry age into the scheme.
Statement 3: Under the PM-SYM scheme, subscribers are assured a minimum guaranteed pension of Rs. 3000 per month upon reaching 60 years of age.

Incorrect Options

Statement 1: The correct entry age for enrolment in the PM-SYM scheme is 18 to 40 years, not 21 to 40 years. Therefore, statement 1 is incorrect.
Statement 4: Family pension under the PM-SYM scheme is exclusively applicable to the spouse of the deceased subscriber, who receives 50% of the pension. There is no provision for unmarried daughters to receive family pension under this scheme. Therefore, statement 4 is incorrect.

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