MOCK Q.405- With reference to the Pradhan Mantri Kisan Samman Nidhi Yojana, consider the following statements :

MOCK Q.405- FRAMED FROM "THE HINDU"

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Q. With reference to the Pradhan Mantri Kisan Samman Nidhi Yojana, consider the following statements :

1. It will provide assured income to all Institutional Land holders of Rs 6000 per year

2. It is based on providing guaranteed amount of Rs. 1000/- or Rs.2000 per hectare in case of drought or loss of crop by the animals

Select the correct answer using the codes given below :

A) Only 1

B) Only 2

C) Both are correct

D) Both are incorrect

Ans. D

•   The Pradhan Mantri Kisan Samman Nidhi will provide assured income to small and marginal farmers.

•   All Small and Marginal Farmers (SMF) with 2 hectares of cultivable land will be provided income

support of Rs 6000 per year.

•   The amount will be transferred directly into their account in 3 equal installments.

•   The complete expenditure of Rs 75000 crore for the scheme will borne by the Union Government in

2019-20.

•   Over 12 crore farmer families will be benefitted under the scheme.

The scheme is being implemented with effect from December 2018.

The following categories of beneficiaries of higher economic status shall not be eligible for benefit under the scheme.

(A) All Institutional Land holders.

(B) Farmer families in which one or more of its members belong to following categories:

1.  Former and present holders of constitutional posts.

2.  Former and present Ministers/ State Ministers and former/present Members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils,former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.

3.  All serving or retired officers and employees of Central/ State Government Ministries /Offices/Departments and its field units Central or State PSEs and Attached offices /Autonomous Institutions under Government as well as regular employees of the Local Bodies (Excluding Multi Tasking Staff /Class IV/Group D employees).

4.  All superannuated/retired pensioners whose monthly pension is ₹10,000/-or more (Excluding Multi Tasking Staff / Class IV/Group D employees) of above category.

5.  All Persons who paid Income Tax in last assessment year.

6.  Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practices.