CURRENT AFFAIRS

Detailed explanation-1: -It is a state-run old-age pension scheme where the beneficiaries will receive a monthly pension. Under this scheme, the state government will render financial assistance in the form of a pension to aged persons above 60 years of age in Bihar.

Detailed explanation-2: -Benefits of Indira Gandhi National Old Age Pension Scheme The beneficiaries aged between 60-79 years are entitled to get a monthly pension of Rs. 200, and beneficiaries aged over 80 years get a pension of Rs. 500. The pension amount is directly credited to the beneficiary’s bank account or post office account.

Detailed explanation-3: -The Scheme is designed for older persons who are at the age of 60 years or above. Mukhyamantri Vridhjan Pension Yojna: Mukhyamantri Vridhjan Pension Yojna- This is a state run old age pension scheme in which the beneficiary would get a monthly pension of Rs.

Detailed explanation-4: -Bihar is the first state to launch a universal old-age pension scheme called Mukhya Mantri Vridhjan Pension Yojana in which each person at the age of 60 years and above gets financial support.

Detailed explanation-5: -Indira Gandhi National Old Age Pension Scheme (IGNOAPS): Under the scheme, BPL persons aged 60 years or above are entitled to a monthly pension of Rs. 200/- up to 79 years of age and Rs.500/- thereafter.