NPS VSL OFFLINE DEALING

What is National Pension System

• NPS gives Regular monthly Income

• Its a low cost, tax-efficient, flexible and portable retirement savings account.

• Minors Invest in NPS for their Retirement

• NPS is a Scheme where in beneficiary when dead gets benefit for their heirs.

Can an NRI open an NPS account?

• NRI Above 25 Years of age can Open.

• No

• Yes but if the citizenship status changes, his/ her NPS account would be closed.

• YES

If I have invested in any other Provident Fund, can I still invest in NPS?

• NO

• YES But No tax benefit

• Yes

• Yes but only RS 25000

What are the documents that need to be submitted for opening a NPS account?

• Completely filled in subscriber registration form & Birth Certificate

• Completely filled in subscriber registration form & PANCARD

• Completely filled in subscriber registration form & DEMAT account Number

• a. Completely filled in subscriber registration form b. Proof of Identity c. Proof of Address d. Age/date of birth proof

Every individual subscriber is issued a Permanent Retirement Account Number (PRAN) card and has a 12 digit unique number.

• True

• False

• No Idea

• Pran Number + NPS account Number is issued.

Will the government also contribute anything to my NPS account?

• YES

• YES 25 %

• YES 50%

• No

Subscribers can shift from one sector to another like Private to Government or vice versa or Private to Corporate and vice versa. Hence a private citizen can move to Central Government, State Government etc with the same Account.

• TRUE

• FALSE

• No Idea

Are there any minimum annual contribution requirements under NPS?

• Yes 500 Rs

• Yes 3000 Rs

• No

• Yes 6000Rs

How are the funds contributed by the subscribers managed under NPS?

• The funds contributed by the Subscribers are invested by the SEBI registered Pension Fund Managers (PFM’s) as per the investment guidelines provided by SEBI.

• The funds contributed by the Subscribers are invested by the PFRDA registered Pension Fund Managers (PFM’s) as per the investment guidelines provided by SEBI.

• The funds contributed by the Subscribers are invested by the PFRDA registered Pension Fund Managers (PFM’s) as per the investment guidelines provided by AMFI

• None of the above

What are the different Fund Management Schemes available to the subscriber?

• NO CHOICE

• AUTO CHOICE

• ACTIVE CHOICE

• AUTO OR ACTIVE CHOICE