84. Regarding ‘Atal pension Yojana’, which of the following statements is/are correct?

i) It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers.

ii) Only one member of a family can join the scheme

iii) Same amount of pension is guaranteed for the spouse for life after subscriber’s death.

Select the correct answer using the code given below.

a) i only

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b) ii and iii only

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c) i and iii only

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d) i, ii and iii

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Solution

The correct option is C
c) i and iii only

Ans 84.C

Explanation:Atal Pension Yojana, APY is a guaranteed pension scheme and is administered by the Pension Fund Regulatory and Development Authority (PFRDA) for unorganized workers, pension after 60 years age. Eligibility: 18 to 40 years Government to contribute equal amount in the fund, if you’re not an income tax payer, and not covered in any other social security scheme of Government such as EPFO, Coal Mines, Tea plantation, Seamen’s provident fund etc

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Similar questions

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