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The Varishtha Pension Bima Yojana 2017, a pension scheme for senior citizens, was approved by the Union Cabinet. It provides an assured pension based on a guaranteed rate of return of 8% for how many years?
- 25
- 20
- 15
- 10
Correct answer: 20
Solution
Varishtha Pension Bima Yojana is a senior citizen pension scheme that offers an assured pension based on an 8% guaranteed return for 20 years. Hence, 20 is correct.
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