Consider the following statements about Pradhanmantri Gareeb Kalyan yojana (PMGKY) 1. It is mandatory for black money declarants to deposit 25% of amount disclosed in PMGKY 2016 for a 5 year lock in period without interest. 2. The money from PMGK will be

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Q: 19 (Current Affairs-NOV/2016)
Consider the following statements about Pradhanmantri Gareeb Kalyan yojana (PMGKY)
1. It is mandatory for black money declarants to deposit 25% of amount disclosed in PMGKY 2016 for a 5 year lock in period without interest.
2. The money from PMGK will be used for projects in irrigation, infrastructure, primary education, primary health, housing, toilets and livelihood so that there is justice and equality.
Which of the above statements is/are not correct?

question_subject: 

Economics

stats: 

0,26,82,26,12,40,30

keywords: 

{'pradhanmantri gareeb kalyan yojana': [0, 0, 0, 1], 'black money declarants': [0, 0, 0, 1], 'pmgky': [0, 0, 0, 1], 'pmgk': [0, 0, 0, 1], 'livelihood': [0, 0, 0, 7], 'amount': [1, 2, 4, 9], 'interest': [1, 3, 3, 15], 'irrigation': [1, 1, 0, 2]}