Which of the following statements about PM Kisan scheme is/are correct?

It covers all landholding farmers including institutional farmers.

It is a central sector scheme.

A mandatory physical verification of 5% beneficiary every year is being done.

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Question

Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) was launched on 24^thFebruary, 2019 to supplement financial needs of land holding farmers.
Financial benefit of Rs 6000/- per year in three equal installments, every four month is transferred into the bank accounts of farmers’ families across the country through Direct Benefit Transfer mode.
The scheme was initially meant for Small and Marginal Farmers (SMFs) having landholding upto 2 hectares but scope of the scheme was extended to cover all landholding farmers.
It is a Central Sector scheme with 100% funding from the Government of India.
It is being implemented by the Ministry of Agriculture and Farmers Welfare.
A mandatory physical verification of5% beneficiary every year is being done as per the provisions laid down in the scheme.
It does not include institutional farmers or if one of the family members hold the government job (excluding MTS/Grade IV/Group D employee), or has paid income tax in the last assessment year.

GKToday Admin · Accepted Answer

Only 2 & 3

Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) was launched on 24^thFebruary, 2019 to supplement financial needs of land holding farmers.
Financial benefit of Rs 6000/- per year in three equal installments, every four month is transferred into the bank accounts of farmers’ families across the country through Direct Benefit Transfer mode.
The scheme was initially meant for Small and Marginal Farmers (SMFs) having landholding upto 2 hectares but scope of the scheme was extended to cover all landholding farmers.
It is a Central Sector scheme with 100% funding from the Government of India.
It is being implemented by the Ministry of Agriculture and Farmers Welfare.
A mandatory physical verification of5% beneficiary every year is being done as per the provisions laid down in the scheme.
It does not include institutional farmers or if one of the family members hold the government job (excluding MTS/Grade IV/Group D employee), or has paid income tax in the last assessment year.

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