BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Union government’s new scheme “Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)” which will extend direct income support at the rate of Rs____per year to farmers, who own cultivable land up to 2 hectares.
A
Rs 16, 000
B
Rs 4, 000
C
Rs 10, 000
D
Rs 6, 000
Explanation: 

Detailed explanation-1: -Prime Minister Shri Narendra Modi launched the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme in 2019. The Scheme aims to provide income support to all landholder farmer families across the country with cultivable land, subject to specific exclusions.

Detailed explanation-2: -PM Kisan Samman Nidhi Yojana 6, 000 per annum directly in the farmer’s accounts and proves one of the best central government scheme or Modi government schemes for farmers. This scheme is helpful for those small and marginal farmers who have financial needs to buy farm implements and other agriculture expenses.

Detailed explanation-3: -Under the Pradhan Mantri Kisan Samman Nidhi Yojana, eligible farmers will receive an amount of ₹6, 000/-per year, in three equal instalments of ₹2, 000/-each. The first instalment will be paid from December to March. The second and third instalments will be paid on the basis of self-declaration by the farmer.

There is 1 question to complete.