New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    How does the Unified Pension Scheme (UPS), introduced by

    the Odisha government, differ from the National Pension System (NPS)?
    A UPS allows pension benefits only for government employees after retirement Correct Answer Incorrect Answer
    B UPS provides assured pensions, while NPS depends on market-linked returns Correct Answer Incorrect Answer
    C NPS guarantees a fixed pension, whereas UPS does not Correct Answer Incorrect Answer
    D UPS applies to both private and government employees, unlike NPS Correct Answer Incorrect Answer
    E UPS is optional, whereas NPS is mandatory for all employees Correct Answer Incorrect Answer

    Solution

    The Unified Pension Scheme (UPS) introduced by Odisha offers assured pensions, while NPS depends on market-linked returns, making it more secure for pensioners.

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