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  • Question
  • Consider the following statements about a scheme launched by the Government of India: It was launched to provide social security during old age and to protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme enables old age income security for senior citizens through provision of assured pension / return linked to the subscription amount based on government guarantee to Life Insurance Corporation of India (LICI).Identify the scheme.


  • Options
  • A. Pradhan Mantri Swasthya Suraksha Yojana
  • B. Pradhan Mantri Vaya Vandana Yojana
  • C. Liveability Index Programme
  • D. Rashtriya Vayoshri Yojana

  • Correct Answer
  • Pradhan Mantri Vaya Vandana Yojana 

    Explanation

    Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a Pension Scheme announced by the Government of India exclusively for the senior citizens aged 60 years and above which is available from 4th May, 2017 to 31st March, 2020.

    This is a simplified version of the VPBY and will be implemented by the Life Insurance Corporation (LIC) of India.

  • Tags: Bank Exams

    Basic General Knowledge problems


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    • 1. Which one of the following statements about the National Green Tribunal is not correct?

    • Options
    • A. It was set up in the year 2010
    • B. It is involved in effective and expeditious disposal of cases relating to environmental protection and conservation of forests.
    • C. It may consider giving relief and compensation for damages to persons and property
    • D. It is bound by the procedures laid down under the Code of Civil Procedure,1908.
    • Discuss
    • 2. Which one of the following statements with regard to India's surgical strike mission inside Pakistan Occupied Kashmir is correct?

    • Options
    • A. It is conducted in the year 2018
    • B. It was led by the Indian Air Force
    • C. It was not given any name
    • D. It was sanctioned by the United Nations
    • Discuss
    • 3. Damanganga Reservoir Project with about 115 km of minor canals and distributaries is located in

    • Options
    • A. NCT
    • B. Dadra and Nagar Haveli
    • C. Puducherry
    • D. Goa
    • Discuss
    • 4. The Andaman group of islands and the Nicobar group of islands are separated by which one of the following latitudes?

    • Options
    • A. 8°N latitude
    • B. 10°N latitude
    • C. 12°N latitude
    • D. 13°N latitude
    • Discuss
    • 5. Which one of the following methods is not suitable for urban rainwater harvesting?

    • Options
    • A. Rooftop recharge pit
    • B. Recharge wells
    • C. Gully plug
    • D. Recharge trench
    • Discuss
    • 6. The 2018, which of thefollowing countries have legalizedthe possession and use of recreational cannabis?1, America2. Canada3. Nigeria4. UruguaySelect the correct answer using the code given below:

    • Options
    • A. 1, 2 and 3
    • B. 2 and 4 only
    • C. 1 and 4 only
    • D. 1,2 and 4
    • Discuss
    • 7. Ebraham Alkazi is an eminent personality in which one of the following area?

    • Options
    • A. Heart surgery
    • B. Civil aviation
    • C. Theatre
    • D. Painting
    • Discuss
    • 8. Skoda, which launched sedan 'Rapid', is an automobile manufacturer based in

    • Options
    • A. Japan
    • B. France
    • C. South Korea
    • D. Czech Republic
    • Discuss
    • 9. In which of the following cities India's first water metro project was recently launched?

    • Options
    • A. Kolkata
    • B. Kochi
    • C. Vishakhapatnam
    • D. Mumbai
    • Discuss
    • 10. In which city is India's first Post Office ATM opened?

    • Options
    • A. Chennai
    • B. New Delhi
    • C. Hyderabad
    • D. Mumbai
    • Discuss


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