BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is a very senior citizen?
A
A person who is 65 years and above
B
A person who is 75 years and above
C
A person who is 80 years and above
D
A person who is 90 years and above
Explanation: 

Detailed explanation-1: -A Senior Citizen is a resident Indian who is of the age of 60 years and above and a Super Senior Citizen is a resident Indian who is of the age of 80 years and above at any time during the respective financial year.

Detailed explanation-2: -An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year is considered as Senior Citizen for Income Tax purposes. A Super Senior Citizen is an individual resident who is 80 years or above, at any time during the previous year.

Detailed explanation-3: -What do you call someone older than 65? ‍ “Boomers, ” “old people, ” “senior citizens, ” “seniors, ” “elderly, ” and “golden-agers". These are just a few of the phrases that are commonly used to describe a generation of adults over 65.

Detailed explanation-4: -In the United States it is generally considered that a senior citizen is anyone of retirement age, or a person that has reached age 62 or older. However the standard threshold for Medicaid is age 65.

Detailed explanation-5: -Traditionally, the “elderly” are considered to be those persons age 65 and older.

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