Answer-The Atal Pension Yojana (APY) is a government-backed pension scheme primarily targeted at unorganize...

APY provides continued financial security by offering the same pension amount to the spouse, ensuring the spouses financial needs are met after the subscribers death, followed by a corpus refund to the nominee.

Question

The Atal Pension Yojana (AP

Y is a government-backed pension scheme primarily targeted at unorganized sector workers. What unique feature of APY ensures financial security for the subscriber’s spouse?

A The pension amount doubles after the subscriber's death.

B The same pension amount is transferred to the spouse after the subscriber's death, and the corpus is given to the nominee after the spouse’s death.

C The spouse receives a lump-sum payment upon the subscriber's death, but the pension stops.

D The pension scheme offers market-linked returns for the spouse.

E The spouse is required to reapply for the pension under a separate scheme.

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