UPSC Prelims 2016 · GS Paper 1 · Q76

Economy

Medium · Atal Pension Yojana

Consider the following statements regarding the 'Atal Pension Yojana' (APY):

1. It is a minimum guaranteed pension scheme mainly targeted at workers in the unorganised sector.

2. Only one member of a family is permitted to subscribe to the scheme.

3. On the subscriber's death, the same guaranteed pension amount is paid to the spouse for life.

Which of the statements given above are correct?