Multiple choice

In August 2014, the Union Government re-launched the Varishtha Pension Bima Yojana (VPBY). The scheme will be administrated by which of the following?

  1. Aviva India

  2. Sun Birla Insurance

  3. Life Insurance Corporation of India

  4. HDFC Standard Life Insurance Company Limited

  5. TATA AIA Life Insurance

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Varishtha Pension Bima Yojana (VPBY) is a pension scheme for senior citizens, and the Life Insurance Corporation of India (LIC) is the sole administrator of this scheme.