NPS QUIZ

What is NPS In R&P Channel of HDFC life?

• National Pension Scheme

• Net Promoter Score

• National Pension System

• National Policy Score

Who contributes money in NPS ?

• Employee only

• employer only

• Both A & B

NPS is regulated by which Regulatory Body ?

• IRDAI ( Insurance Regulatory and Development Authority of India)

• SEBI (Securities and Exchange Board of India)

• PFRDA ((Pension Fund Regulatory & Development Authority)

• BSE (Bombay Stock Exchange)

For which age group NPS can be opened ?

• 21yrs- 70 yrs

• 18yrs- 65 yrs

• 18yrs - 70 yrs

• 21 yrs-65 yrs

On retirement, can an NPS subscriber withdraw the entire amount contributed during his worklife?

• Yes

• No

Which section of Income Tax Act allows addidtional Tax Benefit of Investment of up to Rs. 50,000 contributed towards NPS ?

• 80CCD (2)

• 10 (10)D

• 80CCD(1B).

• 80 TT A

Which of the following entities is appointed by the PFRDA to provide facilities like opening Permanent Retirement Account, contributing to NPS, etc.to all the citizens of India.

• Pension Fund

  Manager (PFM)

• Point of Presence(POP)

• NPS Trust

• Central Recordkeeping Agency (CRA)

which of the following entity is appointed by PFRDA to manage pension fund of citizens enrolled under the National Pension System(NPS).

• Pension Fund Regulatory and Development

  Authority(PFRDA)

• Point of Presence(POP)

• Pension Fund

  Manager (PFM)

• NPS Trust

Who takes care of fund movement from Point of Presence to Pension Fund Managers?

• Trustee Bank

• Custodian

• NPS Trust

• PFRDA

Who manages the funds deposited by subscribers towards NPS?

• PFRDA (Pension Fund Regulatory & Development Authority)

• PFM (Pension Fund

  Manager)

• Point of Presence(POP)

• Trustee Bank (Axis Bank)