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Question

Which of the following statements are correct?

        I.            Atal Pension scheme was launched on 9th May, 2015.

      II.            It is administered by Pension fund Regularity and development authority of India.

    III.            The age of the subscriber should be between 18-40 years.

    IV.            It provides a minimum guaranteed pension ranging from Rs 1000 to Rs 10000 on attaining 60 years of age.

A I,II and IV only Correct Answer Incorrect Answer
B I,II and III only Correct Answer Incorrect Answer
C II, III and IV only Correct Answer Incorrect Answer
D All of the above. Correct Answer Incorrect Answer

Solution

It provides a minimum guaranteed pension ranging from Rs 1000 to Rs 5000 on attaining 60 years of age.

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