New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the maximum allocation allowed under equity

    asset class under the active investment option under NPS for a subscriber up to 50 years of age?
    A 100% Correct Answer Incorrect Answer
    B 90% Correct Answer Incorrect Answer
    C 85% Correct Answer Incorrect Answer
    D 75% Correct Answer Incorrect Answer
    E 50% Correct Answer Incorrect Answer

    Solution

    The NPS subscriber has been provided with several options to choose from Investment options (Auto or Active) and four Asset Classes i.e. Equity, Corporate debt, Government Bonds and Alternate Assets. The Subscriber has to provide the PFM, Asset Class as well as percentage allocation to be done in each scheme of the PFM, subject to the following maximum allocation: ·       Asset class E or Equity up to a maximum of 75% ·       Asset Class C or Corporate Bonds up to a maximum of 100% ·       Asset Class G or Government Securities up to a maximum of 100% Asset Class A or Alternate Assets up to a maximum of 5%

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