UPSC CSE Prelims
Question 25
Regarding 'Atal Pension Yojana', which of the following statements is/are correct?
- It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers.
- Only one member of a family can join the scheme.
- Same amount of pension is guaranteed for the spouse for life after subscriber's death.
Select the correct answer using the code given below.
View correct answer and explanation
Correct answer: C
Correct Option: C
Explanation: Atal Pension Yojana targeted unorganised-sector subscribers with a government-guaranteed pension slab; on the subscriber’s death the spouse could receive the same pension.
Statement/Pair-wise Analysis:
Statement/Item 1: Correct - APY was designed mainly for retirement security of workers outside organised formal pension coverage.
Statement/Item 2: Incorrect - There is no one-subscriber-per-family rule; eligible spouses may hold separate APY accounts.
Statement/Item 3: Correct - The spouse is entitled to the guaranteed pension amount after the subscriber’s death under scheme rules.
Option-wise Analysis:
A: Incorrect - omits correct statement/item 3.
B: Incorrect - includes incorrect statement/item 2; omits correct statement/item 1.
C: Correct - includes all and only the true statements/items.
D: Incorrect - includes incorrect statement/item 2.