Current Affairs · Government Schemes
Consider the following statements regarding the Pradhan Mantri Vaya Vandana Yojana (PMVVY): 1. The scheme is available to senior citizens aged 55 years and above. 2. The maximum pension under PMVVY is ₹12,000 per month. 3. The scheme guaranteed a 7.40% return per annum for the initial financial year of its extended period (FY 2020-21). 4. The scheme offers loan facilities after 5 years of investment. 5. The scheme is managed exclusively by LIC. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12, 3, 4 only
- 21, 4, 5 only
- 33, 5 only✓
- 41, 2, 3 only
Correct answer
3, 5 only
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