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The Atal Pension Yojana (APY) is a voluntary defined contribution pension scheme for the unorganized sector workers. It was launched by the Government of India in 2015 to provide a pension to the workers in the unorganized sector. The scheme is open to all citizens of India between the age of 18 to 40 years. The contribution amount is based on the age of the subscriber and the pension amount he or she wants to receive after retirement. The scheme provides a fixed pension to the subscriber after the age of 60 years until his or her death. Therefore, option A is correct.
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Niharika saves 25% of her salary in National Savings Certificate and spend 80% of the remaining amount on household items. If the cash in hand is Rs....
A person spent 10% of his monthly income on food and 50% of the remaining on rent. If amount spent on rent is Rs 1350, then find the amount spent...
Monthly savings of X is 58% of his monthly income which is Rs. 5000. If ratio of monthly expenditure of Y and X is 15:8 respectively and monthly savings...
P spends 22% of his salary on transportation, 30% on food, 15% on children’s education and 25% on medical. He deposits the remaining amount of Rs....
In a train, 40% of the passengers are females. Out of total number of passengers, 60% have unreserved tickets out of which 20% are females. How much per...
Monthly income of A is Rs. 3500 and he saves 42% of his monthly income. If monthly expenditure of A is decreased by 35% while his monthly savings is inc...
A man spends 20% and 12% of his monthly salary on rent and transportation, respectively. Out of the remaining money, he spends 30% on food and 45% on en...