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      Question

      The Pradhan Mantri Vaya Vandana Yojana is administered

      by ___________
      A PFRDA Correct Answer Incorrect Answer
      B EPFO Correct Answer Incorrect Answer
      C LIC Correct Answer Incorrect Answer
      D GIC Correct Answer Incorrect Answer
      E NPS Trust Correct Answer Incorrect Answer

      Solution

      Pradhan Mantri Vaya Vandana Yojana ( PMVVY) is a Pension Scheme announced by the Government of India exclusively for the senior citizens aged 60 years and above which is available from May 04, 2017 to March 31, 2023 This scheme is aimed at benefiting senior citizens against a full fall in their income due to some unexpected market conditions. Life Insurance Corporation of India (LIC) will be the administrator of PMVVY on behalf of Government of India

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