Question

  Which of the following is correct with regard to default nominee for an unmarried person in Atal Pension Yojna?

A Any person can be made nominee Correct Answer Incorrect Answer
B After marriage the same other person will continue to be nominee Correct Answer Incorrect Answer
C After marriage the spouse details have to be provided Correct Answer Incorrect Answer
D A and B Correct Answer Incorrect Answer
E A and C Correct Answer Incorrect Answer

Solution

It is mandatory to provide nominee details in Atal Pension Yojana (APY) account. If the subscriber is married, the spouse will be the default nominee. Unmarried subscribers can nominate any other person as nominee & they have to provide spouse details after marriage. The Aadhaar details of spouse and nominees may be provided.

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