Senior Citizen Concessions — MCQ Practice
Interactive MCQ Practice
Test your knowledge. Click “Solve” to reveal options, select your answer, then check the result. 5 questions available.
Which of the following statements regarding senior citizen concessions in India is/are correct? 1. Indian Railways currently offers a 40% concession on all fares for male senior citizens aged 60 and above. 2. The basic income tax exemption limit for a very senior citizen (80 years and above) is Rs. 5,00,000. 3. The Maintenance and Welfare of Parents and Senior Citizens Act, 2007, mandates the establishment of at least one old age home in every district. Select the correct answer using the code given below:
Which of the following sections of the Income Tax Act, 1961, allows for a higher deduction for health insurance premiums for senior citizens?
Consider the following statements regarding the Pradhan Mantri Vaya Vandana Yojana (PMVVY): 1. It is a pension scheme exclusively for senior citizens aged 60 years and above. 2. It is administered by the Life Insurance Corporation of India (LIC). 3. The scheme offers a fixed return for a period of 10 years. Which of the statements given above are correct?
Which of the following is NOT a direct constitutional provision but a Directive Principle of State Policy guiding senior citizen welfare?
Regarding state-specific bus fare concessions for senior citizens, which of the following statements is correct?