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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-7

  • question_answer
    Under the re-launched "Varishtha Pension Bima Yojana" (VPBY) for senior citizens. the insured person can receive a monthly pension ranging from ________

    A)  other than those given as options

    B)  Rs. 100 to Rs. 5,000

    C)  Rs. 500 to Rs. 5,000

    D)  Rs. 1,000 to Rs. 10,000

    E)  Rs. 50 to Rs. 500

    Correct Answer: C

    Solution :

     Under the Varishtha Pension Bima Yojana, (be pension amount ranges from Rs. 500 to Rs. 5,000 per month. It thoroughly depends upon the in- vestment amount and the payout option chosen. Pension is paid during the lifetime of the pensioner.


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