Question
In which of the following cases can a NPS subscriber
withdraw 100% amount without purchasing an annuity?Solution
As per the withdrawal rules , full withdrawal is allowed if the accumulated pension wealth in the Permanent Retirement Account of the subscriber is equal to or less than Rs.5 lakh. Otherwise, at least 40% out of the accumulated pension wealth of such subscriber shall be mandatorily utilised for purchase of annuity providing for a monthly or any other periodical pension. The withdrawal /exit rules from NPS are summarized below:
The leading producer of Muga silk in the world is:
What is the work to be done to increase the velocity of a car from 30 km h⁻¹ to 60 km h⁻¹ if the mass of the car is 1500 kg?
In a reverse-biased p-n junction diode, which of the following occurs as reverse voltage increases?
A body is thrown vertically upwards and then falls back on the ground. Its potential energy is maximum:
The force required to maintain an object at a constant velocity is
A car travels 150 kilometers in 3 hours. What is its average speed?
The phenomenon of splitting white light into its component colours is called:
Which of the following is not a physical change?
Which of the following devices stores electrical energy in a magnetic field?
Which of the following process is involved in the manufacturing of iron from iron-ore?