Under the APY, guaranteed minimum pension of Rs. 1, 000/-, 2, 000/-, 3, 000/-, 4, 000 and 5, 000/-per month will be given at the age of.....years depending on the contributions by the subscribers.

BANKING GENERAL KNOWLEDGE

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

Under the APY, guaranteed minimum pension of Rs. 1, 000/-, 2, 000/-, 3, 000/-, 4, 000 and 5, 000/-per month will be given at the age of____years depending on the contributions by the subscribers.

A	58 years
B	60 years
C	65 years
D	62 years

Explanation:

Detailed explanation-1: -Opening APY Account The accounts can be opened through bank where savings bank account is maintained. monthly basis to get a minimum guaranteed monthly pension of Rs 1000 and Rs 5000 respectively. The monthly contribution is payable by auto debit facility from the Subscribers savings bank account.

Detailed explanation-2: -By investing through this scheme, one can get a fixed pension ranging from Rs. 1, 000 to a maximum of Rs. 5, 000/month. The eligible Atal Pension Yojana age limit is 18 and up to 40 years.

Detailed explanation-3: -How much pension will be received under APY? Minimum guaranteed monthly pension of Rs 1, 000/-or 2, 000/-or 3, 000/-or 4, 000 or 5, 000/-per month will be given from the age of 60 years onwards depending on the contributions by the subscribers. 7.

Detailed explanation-4: -Step 1: Choose your age on the calculator. Step 2: Choose the amount you would require as a pensioner. After choosing all of these necessary criteria, the calculator will instantly show you the calculated result of the monthly investment, duration of the investment and total investment amount.

There is 1 question to complete.