The National Pension System NPS Which of the following statements is INCORRECT ........

Economic Affairs Poverty Related Issues

The National Pension System (NPS): Which of the following statements is INCORRECT?

Mandatory for all new recruits without any exception with effect from 2004

It has also been rolled out for all citizens with effect from 1st May, 2009 on a voluntary basis

Provides various investment options and choices to individuals to switch over from one option to another or from one fund manager to another

Not all state governments have notified NPS for their employees

1st statement is incorrect because initially it was not mandatory for armed forces.

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