Question

What is not true about the Atal Pension Yojana

Q: Answer-What is not true about the Atal Pension Yojana Scheme , according to the given statements-? i. One...

The Atal Pension Yojana Scheme, is fully managed by Pension Fund Regulatory and Development Authority PFRDA. The scheme aims to save for the future. It provides a monthly pension ranging from Rs 1000 to Rs 5,000 with a tax benefit and the age limit to avail it is 10 ndash 40 years. The exit age would be 60 years and the contribution is for 20 years.

Scheme , according to the given statements-? i. One can get Rs 1,000 to Rs 5,000 per month in this scheme. ii. The age limit for the scheme is 18 to 40 years. iii. It has a contribution period of 10 years. iv. Tax benefits are included.

A Only iii and iv are not true.

B Only ii and iii are not true.

C None is true.

D Only iii is not true

E All are true

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SIDBI Grade A (Assistant Manager)

What is not true about the Atal Pension Yojana

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