Question
The Atal Pension Yojana (APY) 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?Solution
APY provides for continued pension payments to the spouse upon the subscriber’s death and later transfers the entire accumulated corpus to the nominee after both the subscriber and spouse pass away.
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