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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