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      Question

      W hat is the default investment choice under NPS

      Vatsalya Account? ย 
      A Aggressive Life Cycle Fund Correct Answer Incorrect Answer
      B Moderate Life cycle fund Correct Answer Incorrect Answer
      C Conservative Life cycle fund Correct Answer Incorrect Answer
      D Balanced Life Cycle Fund Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      The NPS Vatsalya scheme was announced in the Union Budget of 2024-25. It is a saving-cum-pension scheme for all minor citizens (under 18 years of age). The details are as follows: ย 

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