NPS QUIZ

In which year did NPS come into effect for Central Government employees?

• 2000

• 2002

• 2004

• 2009

NPS is regulated by which Regulatory Body ?

• IRDAI ( Insurance Regulatory and Development Authority of India)

• SEBI (Securities and Exchange Board of India)

• PFRDA ((Pension Fund Regulatory & Development Authority)

• BSE (Bombay Stock Exchange)

For which age group NPS can be opened ?

• 21yrs- 70 yrs

• 18yrs- 65 yrs

• 18yrs - 70 yrs

• 21 yrs-65 yrs

On retirement, can an NPS subscriber withdraw the entire amount contributed during his worklife?

• Yes

• No

Which section of Income Tax Act allows addidtional Tax Benefit of Investment of up to Rs. 50,000 contributed towards NPS beyond Sec 80C ?

• Sec 80CCD (2)

• Sec 10(10)D

• Sec 80CCE

• Sec 80CCD(1B)

Which of the following entities is appointed by the PFRDA to provide facilities like opening Permanent Retirement Account, contributing to NPS, etc.to all the citizens of India.

• Pension Fund

  Manager (PFM)

• Point of Presence(POP)

• NPS Trust

• Central Recordkeeping Agency (CRA)

which of the following entity is appointed by PFRDA to manage pension fund of citizens enrolled under the National Pension System(NPS).

• Pension Fund Regulatory and Development

  Authority(PFRDA)

• Point of Presence(POP)

• Pension Fund

  Manager (PFM)

• NPS Trust

Who takes care of fund movement from Point of Presence to Pension Fund Managers?

• Trustee Bank

• Custodian

• NPS Trust

• PFRDA

Who manages the funds deposited by subscribers towards NPS?

• PFRDA (Pension Fund Regulatory & Development Authority)

• PFM (Pension Fund

  Manager)

• Point of Presence(POP)

• Trustee Bank (Axis Bank)

Which entity of NPS saves the securities bought by Fund Managers in Demat format?

• Central Recordkeeping Agency (CRA)

• Trustee Bank (Axis Bank)

• NPS Trust

• Custodian