Official Answer Key & Detailed Solution
Ready to check the official UPSC Answer Key?
Click any option above to test yourself under exam conditions, or reveal the explanation directly.
Correct Answer: Option (B) — 2 and 3 only
Concept & Option Breakdown
Standard Reference Verified- Statement 1 is incorrect: The eligible entry age for PM-SYM is 18 to 40 years (not 21 to 40 years).
- Statement 2 is correct: Monthly contributions are age-specific, ranging from ₹55/month for an 18-year-old entrant to ₹200/month for a 40-year-old entrant, with an equal matching contribution from the Central Government.
- Statement 3 is correct: Subscribers receive an assured monthly pension of ₹3,000 after attaining the age of 60 years.
- Statement 4 is incorrect: Under PM-SYM, the family pension (50% of the pension) is applicable only to the spouse upon the subscriber's demise; unmarried daughters or other dependents are not eligible.
Standard entry age for most central voluntary pension schemes (like APY, PM-SYM) is 18–40 years. Identifying statement 1 as incorrect eliminates options (a) and (d).
Practice Full-Length & Sectional Prelims Mocks on this Interface
50 simulated tests in the APT Prelims Test Series (₹1,493) or 1-on-1 Mentorship with Avinash Sir.