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Question
What is the maximum amount of investment permissible per senior citizen under Pradhan Mantri Vaya Vandana Yojana?
Options
₹ 25 lakh
₹ 10 lakh
₹ 7 lakh
₹ 15 lakh
MCQ
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Solution
₹ 15 lakh
Explanation:
The Pradhan Mantri Vaya Vandana Yojana scheme's upper ceiling was raised by the Indian government to Rs. 15 lakh in the 2018–2019 Budget Speech. The Lite Insurance Corporation (UC) of India offers the plan for purchase both locally and online.
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