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Identify the government sponsored recruitment savings scheme in India that allows individuals to contribute to a pension fund. - Business Studies

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प्रश्न

Identify the government sponsored recruitment savings scheme in India that allows individuals to contribute to a pension fund.

पर्याय

  • Gratuity

  • Group Insurance

  • National Pension Scheme

  • Encashment of leave

MCQ
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उत्तर

National Pension Scheme

Explanation:

The National Pension Scheme (NPS) is a government-backed retirement savings plan in India. People contribute regularly while working, and at retirement, they can withdraw part of the money as a lump sum. The rest is used to provide a monthly pension. It is open to everyone and aims to ensure financial security in old age.

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पाठ 8: Staff Remuneration - EXERCISES [पृष्ठ ११५]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
पाठ 8 Staff Remuneration
EXERCISES | Q I. A. 1. | पृष्ठ ११५
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