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      Question

      In the Atal Pension Yojana (APY), the pension amounts

      are predetermined. Which of the following correctly describes how the pension amounts are structured?
      A Subscribers can choose any pension amount between ₹1000 to ₹10000. Correct Answer Incorrect Answer
      B Pension amounts are fixed, starting from ₹1000 up to ₹5000, based on the subscriber’s contribution and age. Correct Answer Incorrect Answer
      C Pension amounts vary based on market-linked returns, with no predetermined limits. Correct Answer Incorrect Answer
      D Only individuals above the age of 60 are eligible for ₹5000 monthly pension. Correct Answer Incorrect Answer
      E Subscribers receive a pension based solely on government contributions. Correct Answer Incorrect Answer

      Solution

      Under APY, subscribers can choose fixed pension amounts ranging from ₹1000 to ₹5000, depending on their age and contribution amount.

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