Which of the following statement/s is/are correct according to NPS?
1. The age limit to invest in this scheme until 60 years.
2. There is no upper limit.
3. The money will be invested in debt and equity funds based on preference.
4. The returns depend on the performance of the funds.
5. When we retire, we can withdraw 60% of the savings.
A. 1, 2, 3 and 4
B. 3, 4 and 5
C. 4 and 5
D. All of the above
Answer: Option D
This Question Belongs to Commerce >> Banking And Financial Institutions
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The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment
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