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With reference to the SPARSH, consider the following statements:
1. It is a web-based system processing pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary.
2. It has grown exponentially with more than 11 thousand 600 crore rupees disbursed in 2021-22, from just about 57 crore rupees in 2020-21.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the SPARSH, consider the following statements:1. It ...
Defence Ministry has said that System for Pensions Administration - Raksha or SPARSH has disbursed more than three thousand ninety crore rupees to Defense Pensioners digitally in the month of August this year.
  • In another milestone, more than five lakh sixty-two thousand Defence Pensioners migrated successfully on the digital platform of SPARSH in August.
  • SPARSH is a web-based system processing pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary.
  • It has grown exponentially with more than 11 thousand 600 crore rupees disbursed in 2021-22, from just about 57 crore rupees in 2020-21.
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With reference to the SPARSH, consider the following statements:1. It is a web-based system processing pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary.2. It has grown exponentially with more than 11 thousand 600 crore rupees disbursed in 2021-22, from just about 57 crore rupees in 2020-21.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
Question Description
With reference to the SPARSH, consider the following statements:1. It is a web-based system processing pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary.2. It has grown exponentially with more than 11 thousand 600 crore rupees disbursed in 2021-22, from just about 57 crore rupees in 2020-21.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the SPARSH, consider the following statements:1. It is a web-based system processing pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary.2. It has grown exponentially with more than 11 thousand 600 crore rupees disbursed in 2021-22, from just about 57 crore rupees in 2020-21.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the SPARSH, consider the following statements:1. It is a web-based system processing pension claims and crediting the pension directly into the bank accounts of defence pensioners without any external intermediary.2. It has grown exponentially with more than 11 thousand 600 crore rupees disbursed in 2021-22, from just about 57 crore rupees in 2020-21.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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