Atal Pension Yojana or APY is open to all saving bank/post office saving bank account holders in the age group of.....years and the contributions differ, based on pension amount chosen.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Atal Pension Yojana or APY is open to all saving bank/post office saving bank account holders in the age group of____years and the contributions differ, based on pension amount chosen.

A	18 to 70 years
B	18 to 50 years
C	18 to 40 years
D	18 to 60 years

Explanation:

Detailed explanation-1: -Know What is Atal Pension Yojana Eligibility and Benefits. The Atal Pension Yojana is a beneficial social security legislation, in which, an individual has to make monthly contributions till he or she is 60 years of age, and after that, a defined monthly pension amount will be paid out.

Detailed explanation-2: -Any individual or existing Swavalamban Yojana subscriber who has completed 18 Years of age and is below 40 Years of Age on the day of applying can open APY account in any authorized CBS Post Office.

Detailed explanation-3: - The Atal Pension Yojana (APY) was launched on 09.05. 2015 to create a universal social security system for all Indians, especially the poor, the under-privileged and the workers in the unorganised sector. APY is administered by Pension Fund Regulatory and Development Authority (PFRDA).

Detailed explanation-4: -A subscriber can open only one APY account and it is unique.

There is 1 question to complete.