RBI Grade B Officer (General / DEPR / DSIM) 2021 · Question 211 of 260

- Read the passage given below and answer the following questions PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) is a central government scheme launched to provide income support to farmers. Under this scheme, eligible small and marginal farmers receive ₹6,000 per year in three equal installments, directly transferred to their bank accounts. The objective is to support farmers in meeting agricultural and household expenses and to ensure financial stability. PM-KISAN promotes transparency through Direct Benefit Transfer (DBT) and reduces dependence on informal credit. By offering timely financial assistance, the scheme helps improve farmers’ livelihoods and strengthens the rural economy of India. (This is a recreated passage and not the exact one asked in the exam) In December 2020, how much money was credited into the accounts of beneficiary farmers under this scheme?

Banking

1. AA. Rs 10,000 crore
2. BB. Rs 18,000 croreCorrect
3. CC. Rs 35,000 crore
4. DD. Rs 13,000 crore
5. EE. None of the above