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Which of the following statements is true about Pradhan Mantri Vaya Vandana Yojana (PMVVY)?

(1) It is a pension plan for senior citizens

(2) It is managed and operated by Life Insurance Corporation (LIC)

[IB ACIO Grade II Previous Paper 5 (Held on: 19 Feb 2021 Shift 2)]
A
B
C
D

EXPLANATION

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