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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