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Prelims 2016 · Q76 · Schemes & welfare

Regarding 'Atal Pension Yojana', which of the following statements is/are correct?

  1. 1.It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers.
  2. 2.Only one member of a family can join the scheme.
  3. 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.

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Answer: C. Statement 1 is correct: Atal Pension Yojana (2015) guarantees a minimum pension of Rs 1,000-5,000 a month, aimed mainly at unorganised sector workers. Statement 2 is wrong: there is no one-member-per-family limit. Statement 3 is correct: after the subscriber's death, the spouse gets the same pension for life. So 1 and 3.

Watch for: Statement 2 sounds like a typical welfare scheme rule.

Why the other options are wrong
  • A. Wrong because the spouse pension in Statement 3 is also correct.
  • B. Wrong because there is no limit of one member per family.
  • D. Wrong because Statement 2 is false.

Source to check: Pension Fund Regulatory and Development Authority, Atal Pension Yojana scheme details (pfrda.org.in); PIB release, May 2015

Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.