Pradhan Mantri Shram Yogi Mandhan Scheme (PMSYM)

The government had launched Pradhan Mantri Shram Yogi Mandhan Scheme (PMSYM) not very long back in early 2019. Consider the following statements vis-à-vis PMSYM:

  1. It is open to all unorganised workers with monthly income less than Rs 20,000.
  2. Uniform pension amount of Rs. 5000 will be given to its subscribers.

Choose the correct answer from the code given below:

A
Only 1
B
Only 2
C
Both 1 and 2
D
Neither 1 nor 2