Question
The National Pension System is a defined-contribution
pension system in India regulated by Pension Fund Regulatory and Development Authority which is under the jurisdiction of Ministry of Finance of the Government of India. NPS was made open to everyone in ____________.Solution
The National Pension System is a defined-contribution pension system in India regulated by Pension Fund Regulatory and Development Authority which is under the jurisdiction of Ministry of Finance of the Government of India. Launched in 2004 for government employees. However, in 2009, it was opened to all sections.
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