Consider the following statements with reference to Indira Gandhi National Old Age Pension Scheme (IGNOAPS):1. All persons of 60 years or above belonging to the households below poverty line in rural areas are eligible.2. The Central Assistance under this Scheme is at the rate of ` 300 per month per beneficiary. Under the Scheme, States have been urged to give matching amounts.Which of the statements given above is/are correct?
✓ Correct answer: d) Neither 1 nor 2
ExplanationThe Indira Gandhi National Old Age Pension Scheme (IGNOAPS) is a part of the National Social Assistance Pro- gramme (NSAP) launched by the Government of India to sup- port elderly individuals from below-poverty-line (BPL) house- holds.Statement 1 is incorrect: The scheme is applicable to individu- als aged 60 years or above who belong to BPL households.How- ever the eligibility is not restricted to rural areas alone as it encompasses both rural and urban BPL households.Statement 2 is incorrect : The central assistance provided under IGNOAPS is ₹200(not 300) per month for beneficia- ries aged between 60 to 79 years and ₹500 per month for those aged 80 years and above.States are encouraged to contribute an equivalent or higher amount to enhance the pension received by the beneficiaries.244
Practice more Economy PYQs
Attempt a free 10-question quiz or browse the full Economy previous-year-question bank with instant answers and explanations.
📈 Economy PYQs →