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      Question

      Which of the following is Incorrect regarding “Atal

      Pension Yojana”?
      A The scheme was launched on 9th May, 2015, with the objective of creating a universal social security system for all Indians. Correct Answer Incorrect Answer
      B It is administered by Pension Fund Regulatory and Development Authority through National Pension System (NPS) Correct Answer Incorrect Answer
      C Any citizen of India can join the APY scheme Correct Answer Incorrect Answer
      D None of the above is incorrect. Correct Answer Incorrect Answer

      Solution

      All the statements are correct. It provides a minimum guaranteed pension ranging from Rs 1000 to Rs 5000 on attaining 60 years of age.

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