What is the age range for individuals eligible to participate in the NPS? Option: 18 to 60 years, 25 to 70 years, 21 to 65 years, 16 to 58 years

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What is the age range for individuals eligible to participate in the NPS?

18 to 60 years

25 to 70 years

21 to 65 years

16 to 58 years

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What is the minimum age requirement for an Indian citizen to voluntarily enroll in the NPS?

"30 years"

"25 years"

"21 years"

"18 years"

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What is the National Pension System (NPS)?

A mandatory government scheme for retirement savings.

A fixed deposit scheme offered by commercial banks.

A voluntary retirement savings scheme encouraged by the Central Government.

A high-risk investment plan for young investors.

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What is the maximum percentage of the accumulated corpus that can be withdrawn upon retirement in NPS?

"40%"

"75%"

"25%"

"60%"

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What is the primary purpose of the NPS?

To regulate the stock market.

To encourage individuals to invest in a pension during their employment.

To offer tax benefits for high-income earners.

To provide short-term investment opportunities.

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

"75%"

"25%"

"60%"

"40%"