MCQs on APY(Atal Pension Yojana)
|
| 1) |
APY full form is _____ |
| |
a) |
Atal Payment Yojana |
b) |
Atal Pension Yojana |
|
| c) |
Both are correct |
d) |
None of the above |
B |
| 2) |
Atal Pension Yojana is a _________ |
|
| |
a) |
Insurance Scheme |
b) |
Self Invested Personal Pension |
|
| c) |
Garanteed Pension Scheme |
d) |
None of the above |
C |
| 3) |
Atal Pension Yojana (APY) Scheme Launched in the year |
|
| |
a) |
2014 |
b) |
2016 |
|
| c) |
2015 |
d) |
2013 |
C |
| 4) |
Who administers Atal Pension Yojana? |
|
| |
a) |
LIC |
b) |
National Insurance |
|
| c) |
PFRDA |
d) |
IRDAI |
C |
| 5) |
PFRDA full form is__________ |
|
| |
a) |
Provident Fund Regulatory and Development Authority |
|
| b) |
Pension Fund Regulatory and Development Authority |
| c) |
Pension Fund Returning and Development Authority |
| d) |
None of the above |
B |
| 6) |
PFRDA headquarter situated at_______ |
|
|
|
| |
a) |
Mumbai |
b) |
Kolkatta |
|
| c) |
New Delhi |
d) |
IRDAI |
C |
| 7) |
The following statements are true about APY |
|
| |
a) |
APY is a pension scheme launched by Govt of India is focused on the unorganized sector workers |
|
| b) |
Minimum guaranteed pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000 or 5,000/- per month |
| c) |
Pension start after attaining the age of 60 years depending on the contributions by the subscribers for their chosen pension amount |
| d) |
All are correct |
D |
| 8) |
What is the minimum & maximum age at which a person can enroll in APY? |
|
| |
a) |
18-50 |
b) |
18-40 |
|
| c) |
18-70 |
d) |
18-60 |
B |
| 9) |
Which of the following statement is incorrect about APY |
|
| |
a) |
He / She should have a savings bank account/ post office savings bank account |
|
| b) |
Monthly Quarterly and half-yearly mode of contribution is available for subscribers |
| c) |
NRI can apply for Atal Pension Yojana |
| d) |
All are correct |
C |
| 10) |
Under _____Section of the Income tax Act can be claimed for APY? |
|
| |
a) |
80D |
b) |
80C |
|
| c) |
80CCD(1B) |
d) |
80CCD |
C |
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