Question

Regarding ‘Atal Pension Yojana’, which of the following statements is/are correct?

I.            It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers.  

II.            Only one member of a family can join the scheme.  

III.            Same amount of pension is guaranteed for the spouse for life after the subscriber’s death. 

A I only Correct Answer Incorrect Answer
B II and III only Correct Answer Incorrect Answer
C I and III only Correct Answer Incorrect Answer
D 1, II and III Correct Answer Incorrect Answer

Solution

Explanation: This scheme is open to all bank account holders in the age group of 18 to 40 years and the contributions differ, based on the pension amount chosen. 

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