2017
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Atal pension Yojana
|
|
|
Swachh Bharat
|
|
|
Awas Yojana
|
|
|
Garib Kalyan Yojana
|
Detailed explanation-1: -The three asset classes are. E = Equity. C = Corporate bonds and. G = Government Securities.
Detailed explanation-2: -In NPS, there are multiple PFMs, Investment options (Auto or Active) and four Asset Classes i.e. Equity, Corporate debt, Government Bonds and Alternative Investment Funds. The Subscriber first selects the PFM, and post selection of PFM, Subscriber has an option to select any one of the Investment Options.
Detailed explanation-3: -Central, state government and central autonomous bodies employees who are subscribers to NPS will now no longer be allowed to partially withdraw from their NPS account through self-declaration.
Detailed explanation-4: -NPS Tier 2 NPS Tier 1 has a lock-in period till the subscriber is 60 years old. Tier 2 accounts have no lock-in period. Thus you can withdraw funds at any time. NPS Tier 1 account investments up to INR 1, 50, 000 per financial year qualify for tax deduction under Section 80C of the Income Tax Act, 1961.