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    Question

    The Pradhan Mantri Vaya Vandana Yojana (PMVVY) provides

    social security to senior citizens. Which of the following best describes the scheme's purpose?
    A To provide life insurance coverage to senior citizens Correct Answer Incorrect Answer
    B To offer pension benefits to all retired employees Correct Answer Incorrect Answer
    C To provide a regular income stream for senior citizens after the age of 60 Correct Answer Incorrect Answer
    D To finance healthcare expenses for senior citizens Correct Answer Incorrect Answer
    E To subsidize the cost of living for government pensioners Correct Answer Incorrect Answer

    Solution

    PMVVY is a pension scheme designed to provide senior citizens with a regular income after retirement, ensuring financial security.

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