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    Question

    W hat is the default investment choice under NPS

    Vatsalya Account?  
    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:  

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