Question

Which of the following statements is true about Pradhan Mantri Vaya Vandana Yojana (PMVVY)?

1.  It is a pension plan for senior citizens

2.  It is managed and operated by Life Insurance Corporation (LIC)

A Neither 1 nor 2 Correct Answer Incorrect Answer
B Both 1 and 2 Correct Answer Incorrect Answer
C 1 only Correct Answer Incorrect Answer
D 2 only Correct Answer Incorrect Answer

Solution

The correct answer is B

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