Question

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

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

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.

B Pension amounts are fixed, starting from ₹1000 up to ₹5000, based on the subscriber’s contribution and age.

C Pension amounts vary based on market-linked returns, with no predetermined limits.

D Only individuals above the age of 60 are eligible for ₹5000 monthly pension.

E Subscribers receive a pension based solely on government contributions.

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