New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    Which of the following statements is/are correct regarding national pension system?

          I.        NPS is a government-sponsored pension scheme. It was launched in 2004 for government employees.

        II.        any individual citizen of India (both resident and non-resident) in the age group of 18-60 can join NPS.

    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Both are correct Correct Answer Incorrect Answer
    D None of the above Correct Answer Incorrect Answer

    Solution

    Now, any Indian Citizen, resident or non-resident, between the age of 60- 65 years can also join NPS and continue upto the age of 70 years in NPS

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