Question

According to the APY exit rules, on attaining the age of 60 years the exit is permitted with

A 100 percent annuitisation of the pension wealth
B a full lump sum withdrawal
C 60 percent lump sum and 40 percent annuity
D 50 percent lump sum and 50 percent annuity
E 80 percent lump sum and 20 percent annuity
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)