__________ (NPS) is a voluntary, defined contribution retirement savings scheme to enable the subscribers to make optimum decisions regarding their future through systematic savings.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. National Pension System
- The National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme that enables subscribers to make optimum decisions regarding their future through systematic savings.
- NPS is a government-backed pension and investment program in India designed to help individuals plan for their retirement