Question

The National Pension Scheme (NPS) is a social security initiative by the Central Government. Who among the following are not eligible to become the beneficiary of NPS?

A Any individual citizen of India Correct Answer Incorrect Answer
B Non-resident of India Correct Answer Incorrect Answer
C OCI (Overseas Citizens of India) Correct Answer Incorrect Answer
D PIO (Person of Indian Origin) Correct Answer Incorrect Answer
E Both c & d Correct Answer Incorrect Answer

Solution

The National Pension Scheme (NPS) is a social security initiative by the Central Government. This pension programme is open to employees from the public, private and even the unorganised sectors except those from the armed forces. Overseas citizen of India (OCI), Persons of Indian Origin (PIOs) and Hindu Undivided Families (HUFs) are not eligible to subscribe to NPS.

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