Multiple choice

The Pension Fund Regulatory and Development Authority (PFRDA) launched the New Pension Scheme (NPS) with effect from _______ in which every citizen of the country can avail of the pension facility and plan his/her retirement.

  1. May 1, 2009

  2. May 1, 2008

  3. June 1, 2009

  4. January 1, 2009

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The New Pension Scheme (NPS) was opened to all citizens of India on May 1, 2009, by the PFRDA.