Consider the following statements about PM Vyaya Vandana Yojana:
1. It will provide an assured pension to senior citizens
2. It will be implemented by life insurance corporation.
Which of the above statements is/are correct?

1 only

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2 only

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1 and 2

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Neither 1 nor 2

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Solution

The correct option is C 1 and 2
The objective of PM Vyay Vandana Yojana is to protect elderly persons aged 60 years and above against a future fall in their interest income due to the uncertain market conditions, as also to provide social security during old age. It was launched by Department of Financial Services, Ministry of Finance and the Life Insurance Corporation of India. is the implementing agency.

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Consider the following statements about PM Vyaya Vandana Yojana:1. It will provide an assured pension to senior citizens2. It will be implemented by life insurance corporation.Which of the above statements is/are correct?

Consider the following statements about PM Vyaya Vandana Yojana:
1. It will provide an assured pension to senior citizens
2. It will be implemented by life insurance corporation.
Which of the above statements is/are correct?