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RAS question

Under PM-VBRY, the first instalment of employee incentive is paid after completing how many months?

Correct answer: (B) 6 months.

Under PM-VBRY Part A, the first instalment of the employee incentive is paid after the First Timer completes 6 months of employment in the same establishment.

  1. (A)

    3 months

  2. (B)

    6 months

  3. (C)

    9 months

  4. (D)

    12 months

Explanation

PM-VBRY treats the employee benefit under Part A as an incentive for eligible First Timers, not as an upfront joining payment. The EPFO PM-VBRY FAQ states that the incentive is paid in two instalments into the employee's Aadhaar-seeded bank account. For the first instalment, the First Timer must complete 6 months of employment in the same establishment; the first instalment can be up to Rs 7,500 and is linked to continuous employment. The 6-month mark is therefore the decisive threshold. The 12-month point belongs to the second instalment condition, not the first.

Why the other options are wrong

  • (A) Three months is too early because the EPFO PM-VBRY FAQ requires 6 months of employment in the same establishment for the first instalment.
  • (C) Nine months is not the trigger for the first instalment; the scheme fixes the first-instalment threshold at 6 months.
  • (D) Twelve months relates to the second instalment condition, whereas the first instalment is linked to completion of 6 months.

Concept

The economic-schemes part of the Indian Economy syllabus includes employment-linked incentives and formalisation through EPFO. RAS repeatedly asks such scheme-design details because eligibility, payment timing and implementation conditions are easy to confuse.

Source

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