Current Affairs · Government Schemes
Consider the following statements regarding Atal Pension Yojana (APY): Statement I: Women constitute a higher share of new subscribers under the Atal Pension Yojana, reflecting their increasing participation in formal financial systems. Statement II: The Atal Pension Yojana is a voluntary, contributory pension scheme targeted primarily at workers in the unorganised sector and provides a guaranteed minimum pension after the age of 60. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
- 2Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
- 3Statement I is correct, but Statement II is incorrect.
- 4Statement I is incorrect, but Statement II is correct.✓
Correct answer
Statement I is incorrect, but Statement II is correct.
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