📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    The minimum monthly contribution for joining APY at the

    lowest pension slab is:
    A ₹25 Correct Answer Incorrect Answer
    B ₹35 Correct Answer Incorrect Answer
    C ₹42 Correct Answer Incorrect Answer
    D ₹50 Correct Answer Incorrect Answer
    E ₹60 Correct Answer Incorrect Answer

    Solution

    At age 18, to receive ₹1,000/month pension at retirement, a subscriber pays only ₹42/month. Contribution increases with entry age and target pension. Auto-debit from savings accounts ensures continuity, with penalties for delay. This design incentivizes early participation for compounding benefits.

    Practice Next
    ask-question