Budgeting and Fiscal policy

Indian Economic System

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

Download Solution PDF

Who among the following can join the National Pension System (NPS)?

Resident Indian citizens only

Persons of age from 21 to 55 only

All State Government employees joining the services after the date of notification by the respective State Governments

All Central Government employees including those of Armed Forces joining the services on or after 1st April, 2004

Explanation:

National Pension System (NPS) has been designed giving utmost importance to the welfare of the subscribers. Government has made a conscious move to shift from the defined benefit Pension Scheme to defined contribution pension scheme i.e. NPS, due to rising and unsustainable pension bill.

By: Vishal

Profile ResourcesReport error

Trial Period Ended