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On 24 August 2024, the government announced a new employee pension scheme, the Unified Pension Scheme (UPS) , effective from 1 April 2025 . Currently, all government employees are covered under the National Pension Scheme (NPS), which provides a pension based on market-linked investments. Before 2004, all government employees received pensions under the Old Pension Scheme (OPS). In 2004, the government introduced the NPS and discontinued the OPS. The government received a backlash from employees for discontinuing OPS. Thus, the government announced the UPS to provide assured pension amounts. However, only employees who are currently subscribers of the NPS, including retirees, can opt for the UPS. Features of UPS
Which of the following is/are advantages of Foreign Direct Investment:
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According to Union Budget 2023-24, consider the following statements regarding Legislative Changes In GST laws:
1. Raise the minimum thre...
Which one of the following is an effect of inflation:
Which of the following Statements depict correct picture of Poverty?
I- lack of basic capacity to participate effectively in society.
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A loan granted for short duration crops will be treated as NPA, if the instalment of principal or interest thereon remains overdue for…………
...Lenders shall report credit information, including classification of an account as SMA to Central Repository of Information on Large Credits (CRILC), o...