Which of the following statements is correct with respect to Pradhan Mantri Garib Kalyan Yojana ........

Economic Affairs Poverty Related Issues

Which of the following statements is correct with respect to Pradhan Mantri Garib Kalyan Yojana?

It was an amnesty scheme for people holding black money to come clean by paying 49.9 per cent tax and penalty on the undisclosed income.

The scheme aims to provide livelihood to atleast one member of every BPL household in country.

The scheme aims at providing insurance cover to the poor people.

Through these scheme, affordable housing loans will be given to the poor people.

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Explanation:

The Pradhan Mantri Garib Kalyan Yojna (PMGKY) was announced by the government last year, post demonetisation, for people holding black money to come clean by paying 49.9 per cent tax and penalty on the undisclosed income.
A quarter of the total declared sum will also have to be parked in a non—interest bearing deposit for four years under the said scheme.