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Banking Sample Paper SBI Clerk Grade (Main) Sample Test Paper-5

  • question_answer
    Which of the following is a pension scheme focused on workers?                   

    A)  Atal Pension Yojana

    B)  Pradhan Mantri Suraksha Bima Yojana

    C)  Pradhan Mantri Jeevan Jyoti Yojana

    D)  Inflation Indexed Bond

    E)  Kisan Vikas Patra

    Correct Answer: A

    Solution :

     The government, on 1 June 2015, launched Atal Pension Yojana (APY) focused on all citizens in the unorganised sector who join the National Pension System (NPS) and who are not members of any statutory social security scheme. The subscribers will receive the fixed pension of Rs. 1000, 2000, 3000, 4000 or 5000 at the age of 60 years, depending on their contributions.


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