MCQs On APY ,Multiple choice questions and answers (MCQs) on APY (Atal Pension Yojana). SOP, Short Notes, PPT, PDF.Useful for Postal Exams/LDCE IPO Exam/PS Group B Exam/LGO Exams/GDS to Postman/MTS/Mail Gaurd/PA/SA Exams in postal department.
1. What is the maximum joining age for Atal Pension Yojana?
A 55 years
B 60 years
C 70 years
D 40 years
2. Find the false statement with respect to Atal Pension Yojana
A NRI can apply for Atal Pension Yojana
B The contribution amount increases with the age of subscriber
C Monthly Quarterly and half-yearly mode of contribution is available for subscribers.
D All are true
3. What is the tax benefit under Atal Pension Yojana?
A Rs 10,000
B Rs 1,00,000
C Rs 50,000
DRs 2,00,000
4. Under _____Section of the Income tax Act can be claimed for APY?
A 80CCD (1A)
B 80CCD (1B)
C 80 C
D None of the above.
5. Which of the following is necessary to apply for Atal Pension Yojana?
A Aadhar Card
B Kisan Credit Card
C Saving Bank Account
D Both A and B
6. How many types of Guaranteed Minimum pension available under APY?
A 5
B 8
C 9
D 4
7. For how many years and for which years Government co contribute for those who joined between 1st June, 2015 to 31st March, 2016 in APY.
A None of the Above
B 5 & 2016-17 to 2020-21
C 4 & 2015-16 to 2019-20
D 5 & 2015-16 to 2019-20
8. Government Co contribution is subject to maximum of Rs ______per annum is credited for eligible beneficiaries
A 1000/-
B 5000/-
C 3000/-
D 2000/-
9. If there is inadequate balance in the Savings Bank account for auto debit then one must pay default along with regular amount, then what is the default to pay?
A Rs. 2 per month for contribution of every Rs. 100
B Rs. 2 per month for contribution of every Rs. 200
C Rs. 1 per month for contribution of every Rs. 100
D None of the above.
10. After receiving APY Subscribers registration forms Counter PA has to do data entry in the finacle Menu
A CAPY
B CPMI
C IES
D None of the Above
Read More>>
1. 24 APY MCQs
