APY MCQ | Quiz Qustions and Answers on APY (Atal Pension Yojana) | Post Office MCQ Set [34]

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

D

 

 

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

A

 

 

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

C

 

 

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.

B

 

 

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

C

 

 

6. How many types of Guaranteed Minimum pension available under APY?

A 5

B 8

C 9

D 4

A

 

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

D

 

 

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/-

A

 

 

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.

C

 

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

A

 

Read More>> 

1.  24 APY MCQs

2. APY Short Notes in PPT/PDF

3. APY SOP

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