New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    What is the primary focus of the NPS Vatsalya scheme to be launched by the Union Finance Minister on September 18, 2024?

    A Providing pensions for elderly citizens Correct Answer Incorrect Answer
    B Long-term financial security for children Correct Answer Incorrect Answer
    C Tax benefits for middle-class families Correct Answer Incorrect Answer
    D Pension accounts for self-employed individuals Correct Answer Incorrect Answer
    E Ensuring job security for youth Correct Answer Incorrect Answer

    Solution

    The NPS Vatsalya scheme focuses on providing long-term financial security for children, allowing parents to invest in a pension account for their future.

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