Current Affairs Government Policies and Schemes

Which of the following statements regarding the SUBHADRA scheme launched by Prime Minister Modi in Odisha is correct?

1
The scheme provides financial support to women aged 21-50 years.
2
Beneficiaries receive Rs 5,000 annually for 10 years.
3
The scheme provides Rs 50,000 over 5 years to women aged 21-60 years.
4
The funds are transferred quarterly to the beneficiaries' accounts.

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