New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    As per the APY chart, a 18 year old investor will have

    to contribute how much money per month, if he or she chooses ₹5000 monthly pension post-retirement?
    A Rs. 210 Correct Answer Incorrect Answer
    B Rs 220 Correct Answer Incorrect Answer
    C Rs 230 Correct Answer Incorrect Answer
    D Rs 240 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    As per the APY chart, a 18 year old investor will have to contribute ₹210 per month, if he or she chooses ₹5000 monthly pension post-retirement. APY subscriber is required to continue investing till he or she attains 60 years of age. After that they will get monthly amount as per the chose monthly pension.

    Practice Next

    Relevant for Exams: