Questions

PMVVY (Pradhan Mantri Vaya Vandana Yojana) pension limit extends to March, 2020.
The Union Cabinet, chaired by Prime Minister Narendra Modi approved extending the investment limit from Rs 7.5 lakh to Rs 15 lakh under the Pradhan Mantri Vaya Vandana Yojana (PMVVY).
It also extended the last date for a subscription to the scheme till March 31, 2020. The time limit was earlier supposed to end on May 4, 2018.
The PMVVY is being implemented through Life Insurance Corp (LIC) to provide social security during old age and protect the elderly aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme provides an assured pension based on a guaranteed rate of return of 8 percent per annum for 10 years.

None of the courses of action follow. Banning the sale of knives just because one particular knife-wielding assailant went on a rampage makes no sense. Similarly, taking into police custody all those who are seen carrying knives is not something practical. Knives can be used for so many other purposes not involving the killing/harming of people. Finally, it is not a realistic expectation that posting policemen in all major tourist spots would reduce or altogether stop instances of such occurrences. Therefore, option E is the correct answer.