Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
Who is eligible to participate in the Atal Pension Yojana?
Who is eligible to participate in the Atal Pension Yojana?
- Workers in the organized sector
- Bank account holders between 18 and 40 years old who are not income tax payers (correct)
- Only those who earn less than a certain income threshold
- All Indians
What is the minimum pension amount that subscribers to APY can receive after the age of 60?
What is the minimum pension amount that subscribers to APY can receive after the age of 60?
- Rs. 3000
- Rs. 1000 (correct)
- Rs. 2000
- Rs. 4000
What happens to the pension corpus if the subscriber dies before the age of 60?
What happens to the pension corpus if the subscriber dies before the age of 60?
- It is returned to the subscriber's spouse
- It is forfeited
- It is donated to charity
- It is returned to the subscriber's nominee (correct)
