LIVE Course for free

Rated by 1 million+ students
Get app now
0 votes
in GK by (24.2k points)
closed by
What is the targeted section of Atal Pension Scheme in India?
1. Unemployed Educated Section
2. Unemployed Uneducated Section
3. Unorganised Sector Workers
4. Organised Sector Workers

1 Answer

0 votes
by (24.2k points)
selected by
Best answer
Correct Answer - Option 3 : Unorganised Sector Workers

The correct answer is Unorganised Sector Workers.

  • Targeted section of Atal Pension Scheme in India is Unorganised Sector Workers.
    • Atal Pension Yojana  (APY) is a government-backed pension scheme, primarily targeted at the unorganised sector.
    • It is a social security scheme to provide a defined pension between Rs 1,000 to Rs 5,000.
    • It aims of delivering old age income security particularly to the workers in the unorganised sector with a guarantee of minimum pension after 60 years of age.

  • Atal Pension Yojana:
    • Date of Launching 9th May 2015.
    • Launched By Prime Minister Narendra Modi.
    • Regulatory Body Pension Fund Regulatory and Development Authority (PFRDA).
    • Under Department Department of Financial Services, Government of India.
  • Eligibility for Atal Pension Yojana:
    • Atal Pension Yojana (APY) is open to those who are not a member of any statutory social security scheme.
    • Any individual aged between 18 years to 40 years and have a bank account are eligible for the scheme.
    • He/She will have to provide proof of possession along with their Aadhaar number or must undergo Aadhaar authentication.
    • The subscriber should get their Aadhaar number recorded in the APY pension account as well as in their savings account.
    • Providing of the Aadhar number is important for the debit of the contribution instalments and for the credit of government co-contribution. 

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.