Quiz -SOP on Retail Pran

PRAN number is of how many digits?

• 8

• 10

• 12

• 11

How many CRAs are there?

• 1

• 3

• 4

• 5

What is the Minimum amount to keep the NPS account active in a FY year ?

• 500

• 250

• 1000

• 1500

What is the Maximum equity exposure allowed in NPS ?

• 75%

• 50%

• 100%

• 15%

How many asset classes are there in NPS ?

• 4

• 3

• 5

• 6

What is the maximum exposure of Alternate Investments that NPS can have ?

• 5%

• 10%

• 15%

• 11%

State whether True or False : APY PRAN can be migrated to NPS?

• True

• False

In regards to NPS contribution, Additional Rs. 50,000/- for tax exemption can be availed under which section?

• 80 C

• 80 CCD(1B)

• 80 CCD (2)

• 80D

State whether True or False: In NPS active choice Investment option can be changed 4x in a year free of cost.

• True

• False

How many times can a PFM can be changed in a F.Y. free of cost?

• 1

• 2

• 3

• 4