Question
Which one of the following statements is not true about
National Pension Scheme (NPS)?Solution
This pension programme is open to employees from the public, private and even the unorganised sectors except those from the armed forces. It encourages people to put money into a pension account at regular periods during their working lives. Subscribers can withdraw a set amount of the corpus after they retire. After retirement, an NPS account holder will receive the leftover amount as a monthly pension. The scheme is portable across jobs and locations, with tax benefits under Section 80C and Section 80CCD.
- Who inaugurated the APEDA Pavilion at the AAHAR 2025 exhibition?
How many crore salaried individuals and pensioners will benefit from the major tax relief in the Union Budget 2024-2025? Â
Who will lead the Indian team in the 2025 World Racketlon Championship?
Monty Desai has replaced Manoj Prabhakar to become the head coach of which country’s national cricket team?
PADMA, the Centralised Pay System for Indian Coast Guard has recently been launched. What does D stand for?
SwasthGarbh App has been developed by AIIMS Delhi in collaboration with?
Jeevan Raksha Padak awards were instituted in which year?
Which state government approved a new industrial and EV policy for the state on Feb 2023?
The third edition of the Indian Navy’s ‘MAHASAGAR’ virtual interaction was held under the leadership of which Indian Navy official?
Which bank recently appointed Nirav Dalal as the country head of financial markets?
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