What is the key advantage of starting retirement planning early?

"It allows you to accumulate more funds over time." "It guarantees higher returns." "It eliminates investment risk." "It simplifies the investment process."

What is the maximum percentage of the accumulated corpus that can be withdrawn upon retirement in NPS?

"25%" "40%" "60%" "75%"

Which investment option in NPS allows investors to choose their own securities?

"Auto choice investment" "Active choice investment" "Fixed income investment" "Hybrid investment"

What is the primary reason for the limited earning potential of NPS?

"High management fees" "Limited investment options" "Low equity exposure" "Frequent market fluctuations"

What is the minimum amount required to start a SIP investment?

"Rs. 500" "Rs. 1000" "Rs. 5000" "Rs. 10000"

What is the key benefit of rupee cost averaging in SIP?

"It guarantees higher returns." "It reduces the cost per unit of funds." "It eliminates market risk." "It simplifies the investment process."

Which type of mutual fund is known for potentially higher returns but also higher risk?

"Debt funds" "Equity funds" "Hybrid funds" "Fund of funds"

What is the tax implication on dividends received from SIP Mutual Funds?

"Tax-free" "Taxed as per applicable slab rate" "Taxed at a flat rate of 10%" "Taxed at a flat rate of 20%"

What percentage of the NPS corpus is tax-free upon retirement?

"25%" "40%" "60%" "75%"

Which investment option offers greater flexibility and liquidity?

"NPS" "SIP" "Fixed deposits" "Real estate"