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Question

Q38. With reference to National Pension Scheme, which of the following is/are eligible for Joining NPS?

1. Central Government employees.

2. State Government employees.

3. Employees of private organizations.

4. Employees of unorganized sectors.

Which of the above statement(s) is/are correct?


A

(a) Only 1 and 3

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B

(b) Only 2 and 4

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C

(c) Only 1 and 2

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D

(d) All of the above

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Solution

The correct option is D

(d) All of the above


The NPS was launched on 1st January, 2004 with the objective of providing retirement income to all citizens

Initially, NPS was introduced for the new government recruits (except armed forces).

With effect from May 2009, NPS has been provided for all citizens of the country including the unorganized sector workers on voluntary basis. Who can join NPS?

1. Central Government employees.

2. State Government employees.

3. Employees of private organizations.

4. Employees of unorganized sectors.


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