Arrange the following in correct chronological order:
- 1. Pradhan Mantri Mudra Yojana (PMMY)
- 2. Pradhan Mantri Jan Dhan Yojana
- 3. PM-KISAN
- 4. Atal Pension Yojana
Select the correct answer using the codes given below:
- A2, 1, 4, 3
- B4, 1, 3, 2
- C4, 3, 1, 2
- D1, 2, 3, 4
Show answer and explanation
Correct answer: (a) 2, 1, 4, 3
Explanation
The schemes in the order they were launched:
- 2. Pradhan Mantri Jan Dhan Yojana: 28 August 2014, bank accounts for every household;
- 1. Pradhan Mantri Mudra Yojana: 8 April 2015, collateral-free loans to small and micro businesses;
- 4. Atal Pension Yojana: 9 May 2015, pensions for unorganised sector workers;
- 3. PM-KISAN: 24 February 2019 (effective from 1 December 2018), ₹6,000 a year to farmer families in three instalments.
So the order is 2, 1, 4, 3.