Question

    What is the primary focus of the committee reviewing the New Pension Scheme (NPS)?

    A Expanding the eligibility criteria for NPS enrollment. Correct Answer Incorrect Answer
    B Introducing new investment options for NPS subscribers. Correct Answer Incorrect Answer
    C Increasing the tax benefits associated with NPS contributions. Correct Answer Incorrect Answer
    D Addressing concerns related to NPS while maintaining fiscal prudence. Correct Answer Incorrect Answer
    E Promoting awareness of NPS among the general public. Correct Answer Incorrect Answer

    Solution

    The Union Budget 2024-25 mentions that the committee is working to evolve a solution that addresses the relevant issues while maintaining fiscal prudence, indicating a balanced approach to improving the NPS.

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