Question
Consider the following Statements and choose the option
with correct Statements. I- Pradhan Mantri Vaya Vandana Yojana (PMVVY) was launched in 2020 with an aim to protect elderly persons aged 60 years and above against a future fall in their interest income due to the uncertain market conditions. II- This is a scheme offered by the Life insurance Corporation (LIC) of India gives a guaranteed pay out of pension at a specified rate for 10 years. III- If the pensioner dies during the policy term of 10 years, the purchase price of the annuity scheme will be refunded to the beneficiary.Solution
The ‘Pradhan Mantri Vaya Vandana Yojana (PMVVY) has been launched by the Government to protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions, as also to provide social security during old age. The scheme is implemented through the Life Insurance Corporation of India (LIC) and open for subscription up to 31st March, 2023. There is no maximum entry age limit for the Scheme. Benefits Maturity benefit: If the pensioner survives till the end of the policy term of 10 years, purchase price of the annuity along with final pension instalment will be payable to the policyholder. Death benefit: If the pensioner dies during the policy term of 10 years, the purchase price of the annuity scheme will be refunded to the beneficiary.
How many meaningful four-letter words can be formed using the 3rd letter, the 4th letter, the 8th letter, and the 9th letter, fro...
If it was Sunday on 8th December 1998, then what will be the day on the 25 th July, 1999?
A group of alphabets are given with each being assigned a number. These have to be unscrambled into a meaningful word and correct the order of letters m...
Select the combination of numbers so that the letters arranged accordingly will form a meaningful English word.
If it is possible to make a meaningful four letters English word using 2nd , 4th, 7th and 10th letters of th...
Select the combination of numbers so that the letters arranged accordingly will form a meaningful English word.
In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...
- Given in the table are the number codes for the given letters. Select the combination of numbers so that the letters arranged accordingly will form a meani...
If a four-letter meaningful English word is formed by using the 1st, 4th, 5th and 8th letters from the left end) of the word ‘SACRIFICE’ then which ...
A group of alphabets are given with each being assigned a number. These have to be unscrambled into a meaningful word and correct the order of letters m...
Relevant for Exams:
