ixamBee
google app store apple app store
Login / Signup
Question

The Atal Pension Yojana (AP

  • Y is a flagship social security initiative of the Government of India aimed at providing pension benefits to the unorganized sector. Which of the following features of APY ensures the continuation of benefits even after the death of the subscriber?
A The pension amount is transferred to the spouse until their death, and the corpus is given to the nominee after the spouse's demise.
B The scheme guarantees market-linked pension returns that are adjusted for inflation.
C Upon the subscriber’s death, the pension scheme is terminated, and the corpus is absorbed by the government.
D Only a one-time lump sum payout is provided to the spouse upon the subscriber’s death.
E The pension scheme does not include any survivor benefits for family members.
Practice Next

More Weekly Quiz Questions

Hey! Ask a query