Which of the following statements is/are correct with reference to the PM- Kisan scheme?

Which of the following statements is/are correct with reference to the PM- Kisan scheme?

A. It is a financial benefit of Rs. 6000/- per year is provided to the eligible beneficiary farmer families.

B. The fund is transferred directly to the bank accounts of the beneficiaries.

C. Both A & B

D. None of these

Explanation:

Prime Minister Narendra Modi released the 8th instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. Under the PM-KISAN scheme, a financial benefit of Rs. 6000/- per year is provided to the eligible beneficiary farmer families, payable in three equal 4-monthly installments of Rs.2000/- each. The fund is transferred directly to the bank accounts of the beneficiaries. In this scheme, Samman Rashi of over Rs. 1.15 lakh crores has been transferred to farmer families so far.