CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has won the national award from Pension Fund Regulatory and Development Authority (PFRDA) for significant enrolment under Atal Pension Yojana (APY) in November 2022?
A
State Bank of India
B
Karnataka Vikas Grameena Bank
C
Central Bank of India
D
Bank of India
Explanation: 

Detailed explanation-1: -P Gopi Krishna, Chairman of KVGB -who received the award from Supratim Bandopadhyay, Chairman of PFRDA, in New Delhi on Monday-said APY is a safety net for workers in the informal sector for getting pre-defined pension after 60 years.

Detailed explanation-2: -Karnataka Vikas Grameena Bank (KVGB) has bagged the national award from Pension Fund regulatory and Development Authority (PFRDA) for significant enrolment under Atal Pension Yojana (APY).

Detailed explanation-3: -Atal Pension Yojna (APY) | Central Bank of India.

Detailed explanation-4: -Atal Pension Yojana (APY), a pension scheme for citizens of India, is focused on the unorganised sector workers. Under the APY, guaranteed minimum pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000 or 5,000/- per month will be given at the age of 60 years depending on the contributions by the subscribers.

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