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 through provision of assured pension based on government guarantee to Life Insurance Corporation of India (LICI). Identify the scheme.
Related questions
With reference to the National Investment fund to which the disinvestment proceeds are routed, consider the following statements: 1. The assets in the National Investment Fund are managed by the Unio…
Poverty & DevelopmentConsider the following statements in respect of the International Bank for Reconstruction and Development (IBRD): I. It provides loans and guarantees to middle income countries. II. It works single-h…
Poverty & DevelopmentConsider the following statements regarding the Integrated Child Development Services (ICDS) Scheme: I. It is a Centrally Sponsored Scheme. II. It was launched in 1975 to break the cycle of malnutrit…
Poverty & DevelopmentWhich of the following statements about the Pradhan Mantri Gram Sadak Yojana are correct? 1. It is part of Government of India's poverty reduction strategy. 2. It is a centrally sponsored scheme for…
Poverty & DevelopmentWith reference to poverty estimation in India, consider the following statements: I. Poverty line estimation in India has traditionally been linked to calorie-based minimum consumption norms. II. The…
Poverty & Development