Q. - Which of the following statements with respect to Pradhan Mantri Kisan Sampada Yojana (PMKSY) is correct?
I. It replaces the earlier Central Sector Scheme SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters).
II.It has been approved for the period 2016-20 coterminous with the 14th Finance Commission cycle with an allocation of Rs 6000 crore.