BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Atal Pension Yojana
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Atal Person Yojana
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Atal Pension Yatra
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Aman Pension Yojana
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Detailed explanation-1: - 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-2: -Subscriber can select multiple Asset Class under a single PFM as mentioned below: • Upto 50 years of age, the maximum permitted Equity Investment is 75% of the total asset allocation.
Detailed explanation-3: -The government has launched Atal Pension Yojana (APY), a pension scheme mainly aimed to create social security for all Indians.
Detailed explanation-4: -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-5: -Atal Pension Yojna (APY) | Central Bank of India.