Current Affairs · Government Schemes
Consider the following statements regarding the loan facility under the Pradhan Mantri Vaya Vandana Yojana (PMVVY): 1. The loan facility is available only after the pensioner has completed 2 years in the scheme. 2. The loan amount can be availed up to a maximum of 75% of the purchase price. 3. The loan interest is deducted from the pension payments payable under the policy. 4. The outstanding loan amount is recovered from the claim proceeds at the time of exit or death. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3 only
- 22, 3 and 4 only
- 33 and 4 only✓
- 41 and 2 only
Correct answer
3 and 4 only
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