CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
During FY 2022-23, what was the total number of enrolments under various schemes of NPS and APY?
A
1.22 crore
B
1.25 crore
C
1.32 crore
D
1.35 crore
Explanation: 

Detailed explanation-1: -Total enrolments under various schemes under NPS and APY cross 1.35 crore during Financial Year 2022-23. The number of subscriber enrolments under various schemes under the National Pension System (NPS) and Atal Pension Yojana (APY) crossed 135.95 Lakh during the Financial Year 2022-23 (Table 1).

Detailed explanation-2: -If you are wondering whether you can invest in both APY and NPS, then the answer to that is yes. An individual can enrol under both the Atal Pension Yojana and the National Pension System at the same time.

Detailed explanation-3: -Atal Pension Yojana, provides investors with just one account. NPS provides investors options in which he/she can choose to invest their money. Atal Pension Yojana does not give you the option of choosing the investment of your choice.

There is 1 question to complete.