Secure Farmer Futures Quiz Quiz

Explore key facts about the PM Kisan Maan Dhan Yojana, a government pension scheme designed to support small and marginal farmers in India. This quiz will help you understand eligibility, benefits, and main features of the scheme.

1. Eligibility for PM Kisan Maan Dhan Yojana

   Who is primarily eligible to enroll in the PM Kisan Maan Dhan Yojana pension scheme?

   1. Small and marginal farmers aged 18 to 40 years
   2. Large farm owners with over 5 hectares
   3. Agricultural scientists
   4. All Indian citizens above 60 years

   Explanation: The scheme focuses on small and marginal farmers in the 18 to 40 years age group to help them plan for retirement. Agricultural scientists and large farm owners are not the target beneficiaries. Being an Indian citizen above 60 years is not sufficient for initial eligibility.

2. Monthly Pension Benefit

   What is the monthly pension amount provided to eligible farmers after age 60 under the PM Kisan Maan Dhan Yojana?

   1. Rs 1,000
   2. Rs 3,000
   3. Rs 500
   4. Rs 5,000

   Explanation: The scheme provides a fixed pension of Rs 3,000 per month after the beneficiary turns 60. Rs 1,000 and Rs 500 are lower values and not correct. Rs 5,000 is higher than the actual benefit offered.

3. Scheme Contribution Process

   How is the contribution to the PM Kisan Maan Dhan Yojana made by the farmer?

   1. Automatically deducted from crop sales by the market
   2. By a one-time registration fee only
   3. Through monthly contributions matched by the government
   4. Collected as an annual lump sum tax

   Explanation: Eligible farmers contribute monthly, with the government matching their contributions. There is no one-time registration-only option. No deductions from crop sales are made, and the contribution is not taken as an annual tax.

4. Scheme Implementation Agency

   Which organization is responsible for managing the implementation of the PM Kisan Maan Dhan Yojana?

   1. National Bank for Agriculture and Rural Development (NABARD)
   2. Food Corporation of India (FCI)
   3. Life Insurance Corporation of India (LIC)
   4. Reserve Bank of India (RBI)

   Explanation: LIC has been entrusted with managing pension contributions and payments under this scheme. FCI deals with food stocks, RBI manages monetary policy, and NABARD focuses on rural development, not pension schemes.

5. Exit and Refund Provisions

   If a beneficiary wishes to exit the PM Kisan Maan Dhan Yojana before age 60, what happens to their contributions?

   1. They will get their contributions along with interest as specified by the scheme
   2. They can transfer the pension benefit to another person
   3. They will not get any refund
   4. Their entire contribution goes to the government fund without benefit

   Explanation: On exit before 60, the farmer receives their contribution plus applicable interest as per scheme rules. No refund at all or transfer of benefits is not allowed, and contributions do not simply go to the government fund without compensation.