Consider the following statements with regard to Atal Pension Yojana (APY) and choose the correct code. 1. The APY creates a universal social security system for the poor, the under-privileged and the workers in the unorganized sector. 2. It is being administered by the Pension Fund Regulatory and Development Authority.

Consider the following statements with regard to Atal Pension Yojana (

1.	Consider the following statements with regard to Atal Pension Yojana (APY) and choose the correct code. 1. The APY creates a universal social security system for the poor, the under-privileged and the workers in the unorganized sector. 2. It is being administered by the Pension Fund Regulatory and Development Authority.
A.	1 is true but 2 is false.
B.	2 is true but 1 is false.
C.	1 and 2 both are true.
D.	1 and 2 both are false.
Answer» D. 1 and 2 both are false.