Question : According to Indira Gandhi National Old Age Pension Scheme (IGNOAPS), BPL (Below Poverty Line) persons aged 60 years or above are entitled to a monthly pension of__________ up to 79 years of age as of October 2022.
Option 1: Rs. 250
Option 2: Rs. 400
Option 3: Rs. 350
Option 4: Rs. 200
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Correct Answer: Rs. 200
Solution : The correct option is Rs. 200.
They get Rs. 200 under the Indira Gandhi National Old Age Pension Scheme (IGNOAPS). This scheme is sponsored by the central government. It was launched in 1995 and aims to provide financial aid to the beneficiaries. This was overseen through the Ministry of Rural Development of India. People who are over the age of 80 get a pension of Rs. 500.
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Question : BPL is an economic benchmark related to threshold income. What does "BPL" stand for?
Option 1: Base Price Line
Option 2: Below Price Line
Option 3: Below Poverty Line
Option 4: Base Poverty Line
Question : Profit after selling a commodity for Rs. 400 is the same as loss after selling it for Rs. 300. The cost of the commodity is:
Option 1: Rs. 450
Option 4: Rs. 250
Question : A sum becomes Rs. 33800 in 2 years and Rs. 43,940 in 3 years, when lent in a scheme of compound interest (compounding annually). If double the sum is invested in the same scheme for 2 years, then what will be the amount obtained at the end of 2 years?
Option 1: Rs. 62480
Option 2: Rs. 67600
Option 3: Rs. 71240
Option 4: Rs. 60420
Question : Rs. 2300 is invested for 3 years in a scheme of simple interest at a rate of 12% per annum. What is the amount obtained (in Rs.) after 3 years?
Option 1: Rs. 3128
Option 2: Rs. 3456
Option 3: Rs. 3724
Option 4: Rs. 2950
Question : A sum of Rs. 2600 is invested in a scheme of simple interest. It becomes Rs. 3320 in 3 years How much this sum will become in 5 years?
Option 1: Rs. 3800
Option 2: Rs. 4200
Option 3: Rs. 3600
Option 4: Rs. 4500
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