UPSC CDS GS General Knowledge Questions 1
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Question : 42 of 112
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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 dueto 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.
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 dueto 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.
[2019 CDS-I]
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