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    Question

    Under the NPS Scheme, what is the minimum annuity

    purchase requirement for non-government subscribers , at the time of normal exit ? ┬а
    A 20% Correct Answer Incorrect Answer
    B 40% Correct Answer Incorrect Answer
    C 60% Correct Answer Incorrect Answer
    D 80% Correct Answer Incorrect Answer
    E No such requirement Correct Answer Incorrect Answer

    Solution

    Ans. B ┬а At exit, if the corpus is above Rs.5 lakh, the annuity purchase requirement for non-government subscribers would fall from 40% . The balance 60% can be paid out as lumpsum.

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