GENERAL KNOWLEDGE

GK

GOVT SCHEMES POLICIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Swavalamban scheme is advantageous for?
A
ex -service men
B
Farmers
C
Workers in Un organised sector
D
None of these
Explanation: 

Detailed explanation-1: -Atal Pension Yojana (APY, translation: Atal’s Pension Scheme), formerly known as Swavalamban Yojana (SY, translation: Self-Support Scheme) is a government-backed pension scheme in India, primarily targeted at the unorganised sector.

Detailed explanation-2: -The subscribers of Swavalamban/ NPS Lite who are in the age group of 18-40 years have been given option to migrate to new Atal Pension Yojana launched by the Govt. of India in May 2015 which provide minimum guaranteed pension and is focused towards the poor and the under-privileged citizen of India.

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