CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
National Pension System (NPS) Diwas is being celebrated on which date?
A
October 01
B
November 01
C
October 05
D
October 06
Explanation: 

Detailed explanation-1: -The Pension Regulator will be observing 1st October as the National Pension System Diwas (NPS Diwas) to promote pension and retirement planning among the citizens of India, and enjoy financial independence post retirement.

Detailed explanation-2: -The National Pension System Diwas (NPS Diwas), which is celebrated on October 1st, was established by PFRDA last year as part of a programme to encourage pension and retirement planning for a worry-free azad retiring.

Detailed explanation-3: -NPS was made mandatory for all new recruits to the Central Government service (except the armed forces) from 1st January, 2004. With the introduction of NPS w.e.f. 01.01. 2004, amendments were made on 30.12.

Detailed explanation-4: -Upon attaining the age of 60 years 2. Exit from NPS before the age of 60 years 3. Upon Death of the Subscriber • How the annuity OR monthly pension is paid? Monthly pension /Annuity will be paid through direct bank transfer to the specified subscribers account only through Annuity Service Providers.

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