New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Who among the following can join the National Pension System (NPS)?

    A Resident Indian citizens only Correct Answer Incorrect Answer
    B Persons of age from 21 to 55 only Correct Answer Incorrect Answer
    C All State Government employees joining the services after the date of notification by the respective State Governments Correct Answer Incorrect Answer
    D All Central Government employees including those of Armed Forces joining the services on or after 1st April, 2004 Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    NPS was compulsory for new central govt recruits (except armed forces) WEF 1/1/2004. so "D" is wrong. Any Indian between 18 to 55 can join NPS. So "B" is wrong. NRIs are allowed to open NPS account as per PFRDA norms.

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