Question

8. Consider the following statements,
1] The Economic Survey 2016-17 tabled in Parliament by the Union Finance Minister ShriArunJaitleyhas advocated the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty.

2] The Survey points out that the two prerequisites for a successful UBI are: (a) functional JAM (Jan Dhan, Aadhar and Mobile) system as it ensures that the cash transfer goes directly into the account of a beneficiary and (b) Centre-State negotiations on cost sharing for the programme.

Which of the above statements is/are correct?

• A. a) 1 Only
• B. b) 2 Only
  
• C. c) Both 1 and 2
  
• D. d) Neither 1 nor 2

Answer 1

The correct option is C c) Both 1 and 2

Ans c)