GENERAL KNOWLEDGE

Detailed explanation-1: –All pensions or grants by Government of money or land-revenue shall be paid by the Collector or the Deputy Commissioner or other authorized officer, subject to such rules as may, from time to time, be prescribed by the Chief Controlling Revenue-authority.

Detailed explanation-2: -The Atal Bihari Vajpayee government in 2003 decided to discontinue the OPS and introduced the NPS.

Detailed explanation-3: -The history of the Indian pension system dates back to the colonial period of British-India. The Royal Commission on Civil Establishments, in 1881, first awarded pension benefits to the government employees. The Government of India Acts of 1919 and 1935 made further provisions.