The Atal Pension Yojna was launched in _____.
Show answer & explanation
Correct answer: D
Explanation
Correct Answer:
Option 4: 2015
Explanation:
The Atal Pension Yojana (APY) was launched by the Government of India in the year 2015. Its objective is to provide social security to workers in the unorganized sector during their old age. Individuals aged between 18 and 40 years can enroll in this scheme and receive a guaranteed pension ranging from ₹1,000 to ₹5,000 after attaining the age of 60. This scheme is administered by the Pension Fund Regulatory and Development Authority (PFRDA) and is named after former Prime Minister Atal Bihari Vajpayee.
Potential Questions for Upcoming Exams:
Question: Who is the APY intended for?
Answer: The unorganized sector
Question: What is the PFRDA?
Answer: The pension regulatory body
Question: When was the Pradhan Mantri Suraksha Bima Yojana launched?
Answer: 2015
Question: When was the Jan Dhan Yojana launched?
Answer: 2014