Atal Pension Yojana Statement

CMAT 2018 · General Knowledge · Medium · General Knowledge

Which of the following is true about Atal Pension Yojana (APY)?

  1. A.

    (a) It aims at increasing the number of people covered under any kind of pension scheme. It is one of the three Jan Suraksha schemes

  2. B.

    (b) It especially targeted the private unorganized sector and citizens between the ages of 18 to 40 years

  3. C.

    (c) The scheme also provides a monthly pension of Rs 5000 to Rs. 10000 per month based on the contributions made by the beneficiary

  4. D.

    (d) Only (a) and (b)

Answer

D

Explanation

Statements (a) and (b) are correct. Statement (c) is incorrect because the pension range provided under APY is ₹1,000 to ₹5,000 per month.

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