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    Question

    Consider the following about National Pension System

    (NPS) Trust: I. NPS Trust is a specialized division of Pension Fund Regulatory and Development Authority. II. It comes under the jurisdiction of Ministry of Finance of the Government of India. III. The National Pension System (NPS) is a voluntary defined contribution pension system in India. Which of the above statement is/are correct?
    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C III only Correct Answer Incorrect Answer
    D I and II only Correct Answer Incorrect Answer
    E I , II and III Correct Answer Incorrect Answer

    Solution

    National Pension System Trust (NPS Trust) is a specialised division of Pension Fund Regulatory and Development Authority which is under the jurisdiction of Ministry of Finance of the Government of India. The National Pension System (NPS) is a voluntary defined contribution pension system in India.

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