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Prelims 2024 · Q100 · Schemes & welfare

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

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

Which of the statements given above is/are correct ?

Show answer

Answer: B. Statement 1 is wrong: the entry age is 18 to 40 years. Statement 2 is correct: the worker pays an age-based monthly contribution, and the Central Government adds an equal amount. Statement 3 is correct: subscribers get a minimum assured pension of ₹3,000 per month after 60. Statement 4 is wrong: family pension of 50% goes only to the spouse. So 2 and 3 only.

Watch for: The entry age and family pension details are slightly changed; remember 18-40 and spouse only.

Why the other options are wrong
  • A. Wrong because the entry age starts at 18 and family pension is only for the spouse.
  • C. Wrong because Statement 3 is also correct.
  • D. Wrong because Statements 1 and 4 are false.

Source to check: Ministry of Labour and Employment, PM-SYM scheme page (maandhan.in); PM-SYM scheme guidelines (2019)

Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.