Regarding 'Atal Pension Yojana', which of the following statements is/are correct?1.It is a minimum guaranteed pension scheme mainly targeted at unorganized sector workers.2.Only one member of a family can join the scheme.3.Same amount of pension is guaranteed for the spouse for life after subscriber's death.Select the correct answer using the code given below

1. A

   1 only

   Statement 1 is correct: Atal Pension Yojana is a guaranteed-pension product aimed mainly at unorganised-sector workers in the 18–40 entry window. Statement 3 (spouse continues to receive the same pension for life after the subscriber’s death) is also a feature, so 1 only is incomplete.

2. B

   2 and 3 only

   Statement 2 says only one member of a family can join. APY does not impose a one-member-per-family cap of that kind; eligible individuals may subscribe. Pairing 2 with 3 therefore fails. 2 and 3 only is not the key.

3. C

   1 and 3 only

   APY guarantees a minimum pension at 60 (then ₹1,000–₹5,000 slabs) for unorganised workers who contribute, and after the subscriber’s death the spouse receives the same pension for life; after both die the nominee gets the corpus. Statement 2 is incorrect. Hence 1 and 3 only is the official key.

4. D

   1, 2 and 3

   All three would require the one-member-per-family restriction. That restriction is not a correct statement of APY, so this option is wrong.

Summary. Official key is (c) 1 and 3 only. Atal Pension Yojana, launched in 2015 under the National Pension System architecture, targets unorganised workers with a co-contribution in the early years and a defined minimum pension. The spouse is protected with a life pension after the subscriber’s death. There is no rule that only one family member may join. Statement 2 is the false claim.