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. Â
Which of the following is called Prepaid Payment Instrument (PPI)?Â
What is the repo rate as of February 2025, according to the Reserve Bank of India (RBI)?
Which of the following is not a regulator of financial sector
What is the name of RBI’s campaign promoting safe banking practices?
________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.
What is the purpose of the recent partnership between SIDBI, C2treds, and UGRO Capital?
Open market operations, one of the monetary measures taken by RBI is:
Which committee is responsible for deciding the Repo Rate in India?
Which of the following statements is/are correct?
1. The NEP 2020 replaces the National Policy on Education of 1986.
2. A committee under ...
What was the specific reason RBI imposed a penalty of ₹31.80 lakh on Bank of Maharashtra?
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