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.

Gives an example (PM-SYM) of a government pension scheme explicitly designed for unorganised sector workers, showing a policy pattern of creating pension schemes for that sector.

A student could infer that other recent small‑contribution pension schemes (like APY) may follow the same targeting logic and then check APY rules for beneficiary eligibility.

Defines Atal Pension Yojana (APY) as a contributory pension scheme providing fixed monthly pension for subscribers aged 18–40, indicating APY is aimed at individual subscribers rather than employer‑led formal pensions.

Combine this with the fact that many informal workers lack employer pensions to hypothesise APY targets such uncovered individuals and then verify enrolment patterns or eligibility criteria.

Describes the unorganised/informal sector as largely unregistered, untaxed, and employing over 90% of labour—highlighting the large population possibly lacking formal pension coverage.

Use this to argue there is a policy need to target pensions to the informal sector; a student could then examine whether APY’s design addresses that large uncovered group.

Explains that casual/informal workers do not receive social security benefits like pension, distinguishing formal workers (who do) from informal ones.

A student could reason that a government pension product described for individuals is likely intended to fill this gap for informal/casual workers and check APY enrollment outreach to such groups.

Lists typical occupations in the unorganised sector (street vendors, construction, small-scale industry) which are commonly outside employer pension schemes and so are natural beneficiaries of individual pension schemes.

A student could map APY subscriber requirements against these occupational groups (e.g., do they have bank accounts/mobile access) to assess whether APY is practically targeted to them.

This snippet shows a social-security scheme (Aam Aadmi Bima Yojana) that explicitly covers 'the head of the family or one earning member' — an example of a government scheme limiting coverage to a single family member.

A student could use this pattern (some schemes limit to one family member) and then check APY rules or official FAQs to see whether APY follows or differs from that pattern.

PM-KISAN defines 'family' (husband, wife and minor children) showing that many schemes specify a family definition when deciding beneficiary limits.

Knowing schemes often define 'family', a student could look for APY's official family definition to determine if APY applies any per-family restriction.

NPS accounts 'can be opened only in individual capacity and not jointly' — an example where pension/retirement schemes restrict joint or family-based accounts.

Using this precedent, a student could contrast APY's entry rules to see if APY is individual-only or imposes additional family-level constraints.

PM-SYM is voluntary and has exclusion criteria (e.g., membership of other schemes) — illustrating that pension schemes sometimes have exclusivity rules affecting eligibility.

A student could examine whether APY contains exclusivity clauses (e.g., mutually exclusive membership) that indirectly produce a 'one-per-family' effect.

This snippet gives APY's basic eligibility (age 18–40 and pension levels) but does not mention family restrictions — absence of mention can be a cue to verify official APY rules.

A student can take this gap as reason to consult APY scheme documents to confirm whether a family-member limit exists or not.

States APY provides a fixed monthly pension (₹1,000–₹5,000) after 60 depending on contributions, indicating APY delivers a predetermined pension amount to the subscriber.

A student could use this to ask whether a ‘fixed pension’ product typically allows continuation of the same fixed payment to a surviving spouse or requires a specific survivor benefit clause.

Describes NPS requirement to buy an annuity at retirement and that annuity products offer choices (flexibility/control), implying pension schemes may provide different annuity options (single life vs joint life) that affect spouse payouts.

A student can extend this by checking whether APY uses an annuity/defined survivor option (joint-life annuity) or a single-life payout—if APY uses annuities with joint-life options, spouse lifetime continuation is plausible.

Describes another government pension scheme (PM-SYM) that guarantees a fixed pension amount, showing that different social pension schemes specify explicit benefit rules and guaranteed amounts.

A student could use the pattern that such schemes explicitly state beneficiary rules, so they should look for APY’s specific clause on survivor pension or nominee entitlement to judge spouse guarantees.