BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What minimum pension will be given to every labourer as announced in the Union Budget 2019-20?
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Rs 5, 000 per year
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Rs 1, 000 per year
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Rs 1, 000 per month
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Rs 500 per month
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Explanation:
Detailed explanation-1: -About 30 lakh workers joined the Pradhan Mantri Shram Yogi Maandhan Scheme that provides Rs. 3, 000 per month as pension on attaining the age of 60 to workers in unorganized and informal sectors.
Detailed explanation-2: -In 2019-20, the disinvestment receipts stood at Rs 50, 298 crore, lower than the Revised Estimates of Rs 65, 000 crore and Budget estimate of Rs 1.05 lakh crore. In 2018-19 and 2017-18 fiscal, the government had exceeded the disinvestment target set in budget.
Detailed explanation-3: -Union Budget 2019 was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on July 5. The Budget session would begin from June 17 and is scheduled to end on July 26.
There is 1 question to complete.