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What is the main feature of the Atal Pension Yojana? (2015)

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Question: What is the main feature of the Atal Pension Yojana? (2015)

Options:

  1. To provide loans to farmers
  2. To offer a guaranteed pension to workers in the unorganized sector
  3. To promote digital payments
  4. To enhance women\'s savings

Correct Answer: To offer a guaranteed pension to workers in the unorganized sector

Exam Year: 2015

Solution: 

The Atal Pension Yojana offers a guaranteed pension to workers in the unorganized sector, ensuring financial security in old age.

What is the main feature of the Atal Pension Yojana? (2015)

Practice Questions

Q1
What is the main feature of the Atal Pension Yojana? (2015)
  1. To provide loans to farmers
  2. To offer a guaranteed pension to workers in the unorganized sector
  3. To promote digital payments
  4. To enhance women's savings

Questions & Step-by-Step Solutions

What is the main feature of the Atal Pension Yojana? (2015)
  • Step 1: Understand that the Atal Pension Yojana is a government scheme started in 2015.
  • Step 2: Know that it is designed for workers who do not have a regular pension plan, especially in the unorganized sector.
  • Step 3: Recognize that the main feature of this scheme is to provide a guaranteed monthly pension to these workers when they retire.
  • Step 4: Realize that this pension helps ensure financial security for individuals as they grow older.
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