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    Question

    As per the APY chart, a 18 year old investor will have

    to contribute how much money per month, if he or she chooses ₹5000 monthly pension post-retirement?
    A Rs. 210 Correct Answer Incorrect Answer
    B Rs 220 Correct Answer Incorrect Answer
    C Rs 230 Correct Answer Incorrect Answer
    D Rs 240 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    As per the APY chart, a 18 year old investor will have to contribute ₹210 per month, if he or she chooses ₹5000 monthly pension post-retirement. APY subscriber is required to continue investing till he or she attains 60 years of age. After that they will get monthly amount as per the chose monthly pension.

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