New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    The NPS Vatsalya scheme, launched in September 2024, allows parents to invest in pension accounts for whom?

    A The elderly Correct Answer Incorrect Answer
    B Minors Correct Answer Incorrect Answer
    C Themselves Correct Answer Incorrect Answer
    D Government employees Correct Answer Incorrect Answer
    E Pensioners Correct Answer Incorrect Answer

    Solution

    The NPS Vatsalya scheme provides an opportunity for parents to invest in pension accounts for their children, ensuring long-term financial security. It emphasizes flexibility and is regulated by the PFRDA.

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