The correct answer is: C. Both 1 and 2
The Old Age Pension scheme is a social security scheme that provides financial assistance to the elderly who have no means of livelihood. The scheme is implemented by the central and state governments, and the eligibility criteria vary from state to state. However, in general, to be eligible for the scheme, a person must be at least 60 years old and have no other source of income. The amount of pension also varies from state to state, but it is typically around Rs. 700 per month.
The Old Age Pension scheme is a valuable social safety net for the elderly, and it helps to ensure that they have a dignified and comfortable retirement. The scheme also helps to reduce poverty and inequality among the elderly.
Here is a brief explanation of each option:
- Option A: Only 1. This option is incorrect because it only states that the scheme provides Rs. 700 per month to those who have no proper means of livelihood. However, as mentioned above, the eligibility criteria for the scheme vary from state to state.
- Option B: Only 2. This option is incorrect because it only states that people who attained the age between 60 to 79 years are benefitted by the scheme. However, as mentioned above, the age limit for the scheme also varies from state to state.
- Option C: Both 1 and 2. This option is correct because it states that both the amount of pension and the eligibility criteria for the Old Age Pension scheme vary from state to state.
- Option D: Neither 1 nor 2. This option is incorrect because both the amount of pension and the eligibility criteria for the Old Age Pension scheme are not the same across all states.