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    Question

    The Pradhan Mantri Vaya Vandana Yojana (PMVVY) recently completed six years. The PMVVY launched in 2017 by which ministry?

    A Ministry of Women and Child Development Correct Answer Incorrect Answer
    B Ministry of Skill Development and Entrepreneurship Correct Answer Incorrect Answer
    C Ministry of Education Correct Answer Incorrect Answer
    D Ministry of Health and Family Welfare Correct Answer Incorrect Answer
    E Ministry of Finance Correct Answer Incorrect Answer

    Solution

    Explanation: On 21st July 2023, the Pradhan Mantri Vaya Vandana Yojana (PMVVY) completed five years, the scheme was formally launched in 2017 by the Ministry of Finance. The minimum investment required to participate in this scheme has been increased to Rs. 1,56,658 for a pension of 12,000 per year and to Rs. 1,62,162 for a pension of at least 1,000 rupees per month.

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