Question
Consider the following about National Pension System
(NPS) Trust: I. NPS Trust is a specialized division of Pension Fund Regulatory and Development Authority. II. It comes under the jurisdiction of Ministry of Finance of the Government of India. III. The National Pension System (NPS) is a voluntary defined contribution pension system in India. Which of the above statement is/are correct?Solution
National Pension System Trust (NPS Trust) is a specialised division of Pension Fund Regulatory and Development Authority which is under the jurisdiction of Ministry of Finance of the Government of India. The National Pension System (NPS) is a voluntary defined contribution pension system in India.
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