What is the minimum amount of monthly pension permissible under the Atal Pension Yojana.

Options

A. Rs 4000
B. Rs 1000
C. Rs 2000
D. Rs 3000

Answer

B

Explanation

Atal Pension Yojana (APY), a pension scheme for citizens of India focussed on the unorganised sector workers. Under the APY, guaranteed minimum pension of Rs. 1,000/-, 2,000/-, 3,000/-, 4,000 and 5,000/- per month will be given at the age of 60 years depending on the contributions by the subscribers.