Question

    What is the primary objective of the Atal Pension Yojana (APY)?

    A To provide financial assistance to small businesses Correct Answer Incorrect Answer
    B To ensure universal social security for all Indians, especially the poor and unorganised workers Correct Answer Incorrect Answer
    C To offer free healthcare services to underprivileged families Correct Answer Incorrect Answer
    D To provide education scholarships to economically weak students Correct Answer Incorrect Answer
    E To promote investment in government bonds Correct Answer Incorrect Answer

    Solution

    The Atal Pension Yojana (APY) was launched with the objective of creating a universal social security system for all Indians, with a focus on the poor, under-privileged, and workers in the unorganised sector, providing them a stable source of income post-retirement.

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