CURRENT AFFAIRS

2017

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which scheme Upper Age Limit Raised to 65 years recently?
A
Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY)
B
Urja Ganga Yojana (UGLY)
C
National Pension Scheme
D
Deendayal Antyodaya Mission (DAM)
Explanation: 

Detailed explanation-1: -The Pension Fund Regulatory and Development Authority had increased the maximum age to register for the NPS from 60 to 65 years of age.

Detailed explanation-2: -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-3: -Pradhan Mantri Vaya Vandana Yojana (PMVVY) is the new pension scheme for senior citizens in India. This scheme was introduced on 4th May 2017 and extended till 31st March 2023 for the older population above 60 years of age. This scheme is exempted from the GST tax of the Income Tax Department.

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