With reference to the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana, consider the following statements : 1. The entry age group for enrolment in the scheme is 21 to 40 years. 2. Age specific contribution shall be made by the beneficiary. 3. Each subscriber under the scheme shall receive a minimum pension of ₹ 3,000 per month after attaining the age of 60 years. 4. Family pension is applicable to the spouse and unmarried daughters. Which of the statements given above is/are correct?
- A1, 3 and 4
- B2 and 3 onlyCorrect
- C2 only
- D1, 2 and 4
Explanation
Let's analyze the statements regarding the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana:
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Statement 1 is incorrect. The entry age for enrolment in the PM-SYM scheme is 18 to 40 years, not 21 to 40 years. This scheme is for unorganised workers.
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Statement 2 is correct. The monthly contribution to the scheme is indeed age-specific. For example, a person entering at age 18 contributes ₹55, while someone entering at age 40 contributes ₹200. This tiered contribution ensures that all subscribers receive the same minimum pension of ₹3,000 after 60 years of age.
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Statement 3 is correct. Upon attaining the age of 60 years, each subscriber under the PM-SYM scheme receives a fixed minimum pension of ₹ 3,000 per month. This is a guaranteed benefit.
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Statement 4 is incorrect. The family pension benefit under PM-SYM is applicable to the spouse (50% of the pension) upon the death of the beneficiary. However, it is not applicable to unmarried daughters. It is typically applicable to the spouse or, in the absence of a spouse, to dependent children (with specific conditions, generally up to age 25 for sons and until marriage for daughters). The scheme details usually specify that after the death of the eligible spouse, the corpus would be credited back to the fund. The provision for unmarried daughters as direct beneficiaries of family pension is not a standard feature of this scheme.
Therefore, statements 2 and 3 are correct.

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