Which one of the following statements is correct?

The beneficiaries under the MWP Act can be any member of the family
A policy can be taken under the MMWP Act for the benefit of parents
Both the statements above are correct
Both the statements above are wrong

The correct answer is: A. The beneficiaries under the MWP Act can be any member of the family

The MWP Act is a social security scheme that provides a monthly pension to widows, widowers, and children of deceased government employees. The beneficiaries under the MWP Act can be any member of the family, including the spouse, children, parents, and siblings of the deceased employee.

The MMWP Act is a social security scheme that provides a monthly pension to widows, widowers, and children of deceased military personnel. The beneficiaries under the MMWP Act can only be the spouse, children, and parents of the deceased military personnel.

Therefore, the statement “A policy can be taken under the MMWP Act for the benefit of parents” is wrong.

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