Question

In which year was Atal Pension Scheme launched ?

• A. 1918
• B. 1916
• C. 1917
• D. 1915

Hint:

Be aware of potential typos in question papers. Major government schemes like Atal Pension Yojana, Jan Dhan Yojana, and Swachh Bharat Mission were launched around 2014-2015. Knowing this timeframe helps identify likely errors in options.

Answer 1

The Correct Option is D

Step 1: Understanding the Concept:
The question asks for the launch year of the Atal Pension Yojana (APY), a government-backed pension scheme in India.
Step 2: Detailed Explanation:
The Atal Pension Yojana (APY) was launched by the Government of India on 9th May 2015 in Kolkata.
- The scheme aims to provide a social security net for workers in the unorganized sector by encouraging them to save for their retirement.
- It is administered by the Pension Fund Regulatory and Development Authority (PFRDA).
- There seems to be a significant typographical error in the options, which list years in the early 20th century. Assuming '1915' is a typo for '2015', it would be the intended correct answer.
Step 3: Final Answer:
The Atal Pension Scheme was launched in 2015. Among the given options, (D) 1915 appears to be a typo for 2015.