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    Question

    What is a unique feature of LIC’s newly launched Smart

    Pension Plan?
    A It is a market-linked annuity plan Correct Answer Incorrect Answer
    B It requires a minimum purchase price of ₹5 lakh Correct Answer Incorrect Answer
    C It offers annuity options for both single and joint life policies Correct Answer Incorrect Answer
    D It is limited to government employees only Correct Answer Incorrect Answer
    E It provides a one-time payout instead of annuity benefits Correct Answer Incorrect Answer

    Solution

    The LIC Smart Pension Plan offers annuity options for both single and joint life policies, providing flexible retirement benefits.

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