This set contains banking awareness questions for various upcoming exams like SBI PO, IBPS PO, Clerk, NIACL Assistant and various other competitive exams. This set contains questions from the topic: Atal Pension Yojana (APY)
- Atal Pension Yojana is a type of ____?
A) Guaranteed Pension Scheme
B) Self Invested Personal Pension (SIPP)
C) Additional Voluntary Contributions (AVC) Scheme
D) All of the above
2.Who administers Atal Pension Yojana?
A) LIC
B) GIC Re
C) PFRDA
D) IRDAI
- Where is the headquarter of PFRDA?
A) Mumbai
B) New Delhi
C) Lucknow
D) Kolkata
- What is the minimum joining age for Atal Pension Yojana?
A) 10 years
B) 18 years
C) 20 years
D) 21 years
- What is the maximum joining age for Atal Pension Yojana?
A) 40 years
B) 55 years
C) 60 years
D) 70 years
- What is the minimum pension benefit under APY?
A) Rs 1,000
B) Rs 2,000
C) Rs 3,000
D) Rs 5,000
- What is the maximum pension benefit under APY?
A) Rs 3,000
B) Rs 4,000
C) Rs 5,000
D) Rs 10,000
- Find the false statement with respect to Atal Pension Yojana
A) The contribution amount increases with the age of subscriber
B) Monthly Quarterly and half-yearly mode of contribution is available for subscribers.
C) NRI can apply for Atal Pension Yojana
D) All are true
- What is the tax benefit under Atal Pension Yojana?
A) Rs 10,000
B) Rs 50,000
C) Rs 1,00,000
D) Rs 2,00,000
- Which of the following is necessary to apply for Atal Pension Yojana?
A) Aadhar Card
B) Saving Bank Account
C) Kisan Credit Card
D) Both A and B
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