CURRENT AFFAIRS

Detailed explanation-1: -Atal Pension Yojana Scheme Details 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-2: -Any Citizen of India can join APY scheme. The following are the eligibility criteria:- ( i) The age of the subscriber should be between 18 - 40 years. (ii) He / She should have a savings bank account/ post office savings bank account .

Detailed explanation-3: -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. Quarterly and Half Yearly mode of contribution are also available for subscribers.

Detailed explanation-4: -Private sector employees or employees working with such an organization that does not provide them pension benefit can also apply for the scheme. There is an option of getting a fixed pension of Rs 1000, Rs 2000, Rs 3000, Rs 4000, or Rs 5000 on attaining an age of 60.