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    Question

    According to the data provided by the Pension Fund

    Regulatory & Development Authority (PFRDA) ,more than _____ people have enrolled under Atal Pension Yojana (APY).
    A 5 crore Correct Answer Incorrect Answer
    B 4 crore Correct Answer Incorrect Answer
    C 6 crore Correct Answer Incorrect Answer
    D 3 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

     According to the data provided by the Pension Fund Regulatory & Development Authority (PFRDA),more than 5 crore people have enrolled under Atal Pension Yojana (APY).  The scheme has enrolled more than 1.25 crore new subscribers in 2022 in comparison to 92 lakh new subscribers  enrolment in the calendar year 2021. In the public sector bank category, Bank of India, State Bank of India and Indian Bank have achieved the allocated targets, while in the Regional Rural Bank (RRB) category, 21 banks have achieved the allocated targets, with the highest achievement by Jharkhand Rajya Gramin Bank, Vidharbha Konkan Gramin Bank and Baroda UP Bank.   Currently enrolments of females in the scheme has grown to 45 per cent of total enrolments. Similarly, subscribers between age 18 and 25 years have grown to 45 per cent of total enrolments, in comparison to 32 per cent recorded in 2017. As on date, total assets under management (AUM) in APY is also more than Rs 25,000 crore.

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