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UPSC 2016: Regarding ‘Atal Pension Yojana’, which of the following statements is/are correct? 1. It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers. 2. Only one member of a family can join the scheme. 3. Same amount of pension is guaranteed for the spouse for life after subscriber’s death. Select the correct answer using the code given below:
(a)1 only
(b)2 and 3 only
(c)1 and 3 only
(d)1, 2 and 3
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Not attemptedCorrect Answer: (c) 1 and 3 only
APY is a Government-backed, minimum-guaranteed pension scheme meant primarily for workers in the unorganised sector (statement 1 correct). Any eligible individual can open an account, so there is no restriction that only one member per family may join (statement 2 incorrect). After the subscriber’s death, the spouse is entitled to receive the same guaranteed pension for life (statement 3 correct). Hence statements 1 and 3 only are correct. ([pfrda.org.in](https://www.pfrda.org.in/web/pfrda/w/faqs/atal-pension-yojana?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2016 Indian Economy question?▼
The correct answer is option (c): 1 and 3 only. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Human Development, Poverty & Employment Schemes question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2016, GS Paper 1, as Question 76. It falls under Indian Economy > Human Development, Poverty & Employment Schemes.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Human Development, Poverty & Employment Schemes?▼
UPSC has asked 61 questions from Human Development, Poverty & Employment Schemes (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.