What is the minimum amount of monthly pension permissible under the Atal Pension Yojana?
Show answer & explanation
Correct answer: B
Explanation
The correct option is option 2 i.e. ₹1000.
| Atal Pension Yojana | Atal Pension Yojana, formerly known as Swavalamban Yojana is a government-backed pension scheme in India, primarily targeted at the unorganised sector. |
| It was mentioned in the 2015 Budget speech by the then Finance Minister Arun Jaitley. | |
| It was launched by Prime Minister Narendra Modi on 9 May in Kolkata. | |
| 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. |