Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.772)

772. 

Atal Pension Yojana (APY) completed five years of its implementation on 9 May 2020. What age group is covered under this scheme?

[A]. 18-60
[B]. 18-40
[C]. 25-50
[D]. 30-60

Answer: Option B

Explanation:

Atal Pension Yojana (APY) completed five years of its implementation on 9 May 2020. The scheme has achieved the milestone of 2.23 subscribers so far. APY was launched on 9 May 2015 by Prime Minister Narendra Modi. The aim of the scheme is to deliver old age income security, particularly to the workers in the unorganized sector. APY can be subscribed by any Indian citizen in the age group of 18-40 years having a bank account. The scheme provides a minimum guaranteed pension ranging from Rs.1,000 to Rs.5,000 on attaining 60 years of age.

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