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Ministry of Finance has launched a scheme namely ‘Pradhan Mantri Vaya Vandana Yojana’ (PMVVY) to provide social security during old age and to protect elderly persons aged 60 and above against a future fall in their interest income due to uncertain market conditions. The Scheme enables old age income security for senior citizens through provision of assured pension/ return linked to the subscription amount based on Government guarantee to Life Insurance Corporation of India (LIC). PMVVY is open for subscription upto 31st March 2023 and offers an assured rate of return of 7.40% per annum for the year 2020-21 for policy duration of 10 years. In subsequent years, while the Scheme is in operation full month 2023, there will be annual reset of assured rate of return with effect from April 1st of the financial year in line with applicable rate of return of Senior Citizens Saving Scheme (SCSS) upto a ceiling of 7.75% with fresh appraisal of the scheme on breach of this threshold at any point. Investment limit is Rs 15 lakhs. 
The ratio of the present ages of Ginni and Binni is 12:5 respectively. Ginni is ‘n’ years older than Binni. If after 6 years, the ratio of the ages ...
The ratio of Anil’s age to Anila’s age is 6 : 5 and the sum of their ages is 66 years. What will be the ratio of their ages after 14 years?
The ratio of Sohan’s age 6 years ago to Meera’s age 6 years hence is 3:7. If the average of their present ages is 50 years, what is the difference b...
12 years ago from now, ratio of ages of ‘R’ and ‘L’ was 3:5, respectively. If ‘L’ is 8 years elder to ‘R’, then what will be the age of ...
The ratio of the present ages of P and Q is 7:4 respectively. If the age of P 13 years hence from now will be 125% more than the age of Q 4 years ago fr...
K is as much younger than M as he is older than O. If the sum of the ages of M and O is 100 years, what is definitely the difference between M and K’s...
If 7 years is subtracted from the present age of Rohit and the remainder is divided by 13, then the present age of his grandson Amit is obtained. If Ami...
Present age of ‘A’ is 40% more than that of ‘B’. If 10 years hence from now, ‘B’ will be 4 years younger than ‘A’, then find the sum of ...
7 years ago, Meera’s age was equal to the Heena’s present age. The sum of Meera’s age 10 years from now and Heena’s age 5 years ago is 94 yea...
8 years ago, the average age of a family of six persons was 50 years. In between these 8 years the family adopted a girl. Now at present the average age...
