Atal Pension Yojana (APY), a pension scheme for citizens of India, is focused on the_______sector workers.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. unorganised.
- Atal Pension Yojana (APY) is available to any citizen of India with Age 18-40 Years.
- The subscribers would receive the fixed minimum pension of Rs. 1000 per month, Rs. 2000 per month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 year.
- Under APY, the monthly pension would be available to the subscriber, and after him to his spouse and after their death, the pension corpus, as accumulated at age 60 of the subscriber, would be returned to the nominee of the subscriber.