ESE 2022Q49
Q: Which one of the following statements is NOT correct regarding the Pension Fund Regulatory and Development Authority (PFRDA)?
(a)It has increased the entry age for the National Pension System (NPS) from 60 years to 65 years
(b)Earlier the eligible age to invest in NPS was 18-65 years which has now been revised to 18-70 years
(c)As per the revised norms, any Indian Citizen, resident or non-resident and Overseas Citizen of India (OCI) between the age of 65-70 years can join NPS
(d)Subscribers can continue or defer their NPS Account up to the age of 75 years
Correct Answer: (b)
Detailed explanation coming soon.