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APY was launched on 9th May, 2015 by the Prime Minister. APY is open to all saving bank/post office saving bank account holders in the age group of 18 to 40 years and the contributions differ, based on pension amount chosen. Subscribers would receive the guaranteed minimum monthly pension of Rs. 1,000 or Rs. 2,000 or Rs. 3,000 or Rs. 4,000 or Rs. 5,000 at the age of 60 years. Under APY, the monthly pension would be available to the subscriber, and after him to his spouse and after their death, the pension corpus, as accumulated at age 60 of the subscriber, would be returned to the nominee of the subscriber. The minimum pension would be guaranteed by the Government, i.e., if the accumulated corpus based on contributions earns a lower than estimated return on investment and is inadequate to provide the minimum guaranteed pension, the Central Government would fund such inadequacy. Alternatively, if the returns on investment are higher, the subscribers would get enhanced pensionary benefits. In the event of pre-mature death of the subscriber, Government has decided to give an option to the spouse of the subscriber to continue contributing to APY account of the subscriber, for the remaining vesting period, till the original subscriber would have attained the age of 60 years. The spouse of the subscriber shall be entitled to receive the same pension amount as that of the subscriber until the death of the spouse. After the death of both the subscriber and the spouse, the nominee of the subscriber shall be entitled to receive the pension wealth, as accumulated till age 60 of the subscriber. As on 31st July, 2021, a total of 321.02 lakh subscribers have been enrolled under APY.
The circumference of a circle is 44 cm. What is its radius? (Use π = 22/7)
A square ABCD is inscribed in a quadrant APCQ in the given figure. If AB = 20 cm, find the area of the shaded region (take π=3.14) correct to two place...
In the given figure, ABC and MNC are two secants of a circle which intersect each other at C outside the circle. AN is the diameter of the Circle. If an...
A sector of a circle has a central angle of 60°. If the radius of the circle is 14 cm, what is the area of the sector?
In a circle AB is diameter & C is a point on circumference such that AC = 8 cm & BC = 15 cm then find the area of circle ?
The ratio of the outer and the inner circumference of a circular path is 5: 4. If the path is 100 meters wide, then what is the radius of the inner circle?
The minute hand of a clock is 28cm long. Find the area on the face of the clock swept by the minute hand between 8 a.m. and 8: 45a.m
In the given diagram, point 'O' represents the center of a circle, while AB and DE are two distinct chords within the circle. The line segment OC is per...
Two chords of a circle 'PQ' and 'RS' crosses each other at an exterior point 'O'. Determine the length of the chord 'RS' if the chord PQ is 36 cm long, ...
Two circles of radii 15 cm and 10 cm touch each other externally at a point A. PQ is the direct common tangent of those two circles of centers O ₁ and...
