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MCQs - 2026-03

341.
Which of the following is NOT a benefit of APY?
A Guaranteed pension amount.
B Government co-contribution for eligible subscribers.
C Tax benefits on contributions.
D Flexibility in choosing pension amount.
342.
At what age does the pension payment start under APY?
A 65 years.
B 55 years.
C 60 years.
D 70 years.
343.
What is a key feature of APY that enhances its accessibility?
A Mandatory physical presence at enrollment centers.
B Portability across different bank accounts and online services.
C Limited access to information about the scheme.
D Requirement of a guarantor for all applicants.
344.
Which demographic group has been a recent focus for increased enrollment under APY?
A High-income individuals.
B Women subscribers and economically weaker sections.
C Government employees.
D Students pursuing higher education.
345.
For how many years is the government co-contribution provided under APY?
A First 10 years.
B First 5 years.
C First 20 years.
D Lifetime.
346.
What is the government's co-contribution for eligible APY subscribers?
A 50% of the subscriber's contribution or ₹1,000 per annum, whichever is higher.
B 25% of the subscriber's contribution or ₹500 per annum, whichever is lower.
C 50% of the subscriber's contribution or ₹1,000 per annum, whichever is lower.
D 100% of the subscriber's contribution for the first five years.
347.
What is the guaranteed pension amount range offered by APY per month?
A ₹500 to ₹3,000.
B ₹1,000 to ₹5,000.
C ₹2,000 to ₹6,000.
D ₹500 to ₹5,000.
348.
What is the eligible age range for joining the Atal Pension Yojana (APY)?
A 18 to 60 years.
B 20 to 50 years.
C 18 to 40 years.
D 25 to 55 years.
349.
Who administers the Atal Pension Yojana (APY)?
A Reserve Bank of India (RBI).
B Securities and Exchange Board of India (SEBI).
C Pension Fund Regulatory and Development Authority (PFRDA).
D Insurance Regulatory and Development Authority of India (IRDAI).
350.
What is the primary objective of the Atal Pension Yojana (APY)?
A To provide health insurance to citizens.
B To offer a pension scheme for retirement savings, especially for the unorganized sector.
C To provide educational loans to students.
D To offer subsidies for agricultural inputs.