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      Question

      What is the minimum yearly contribution required for

      NPS Tier I account to keep it active?
      A Rs.500 Correct Answer Incorrect Answer
      B Rs.1000 Correct Answer Incorrect Answer
      C Rs.2000 Correct Answer Incorrect Answer
      D Rs.2500 Correct Answer Incorrect Answer
      E Rs.6000 Correct Answer Incorrect Answer

      Solution

      The minimum annual (April-March) contribution for a NPS Tier-1 account to remain active is Rs 1,000 (has been reduced from Rs 6,000). No minimum balance is required in Tier – 2 capital.

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