CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has bagged five awards under various campaigns held for enrolment of Atal Pension Yojana from the PFRDA?
A
Aryavrat Bank
B
Baroda UP Bank
C
Karnataka Vikas Gramin Bank
D
Pratham Bank
Explanation: 

Detailed explanation-1: -KVG Bank gets award for Atal Pension Yojana enrolment.

Detailed explanation-2: -Atal Pension Yojna (APY) | Central Bank of India.

Detailed explanation-3: -The Atal Pension Yojana is a scheme that can be started at the age of 18 and until the maximum age of 40. Investors can also choose from five different denominations of pension (1, 000, 2, 000, 3, 000, 4, 000 and 5, 000.) The scheme has guaranteed returns, unlike the National Pension Scheme.

Detailed explanation-4: -How much pension will be received under 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 60 years depending on the contributions by the subscribers.

Detailed explanation-5: -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 .

There is 1 question to complete.