What is the primary goal of the National Pension Scheme (NPS)? Option: Short-term savings for immediate expenses, Funding entrepreneurial ventures, Supporting short-term debt financing, Encouraging long-term retirement savings

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What is the primary goal of the National Pension Scheme (NPS)?

Short-term savings for immediate expenses

Funding entrepreneurial ventures

Supporting short-term debt financing

Encouraging long-term retirement savings

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What is the primary objective of the National Pension Scheme (NPS)?

To offer high-risk, high-return investment options

To help individuals build a retirement corpus for old-age benefits

To provide short-term investment opportunities

To facilitate wealth creation for high-net-worth individuals

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Which investment strategy is generally recommended for individuals seeking stable returns for retirement planning?

Investing in high-risk, high-reward startups

Focusing solely on Equity Linked Savings Schemes (ELSS)

Short-term trading in the stock market

Opting for the National Pension Scheme (NPS)

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What is the main purpose of the Public Provident Fund (PPF)?

To fund entrepreneurial ventures

To encourage small savings and provide long-term investment returns

To provide short-term loans

To facilitate daily transactions

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What is the primary objective of national savings schemes?

To mobilize savings and help individuals build a corpus

To promote investment in the stock market

To fund government projects

To generate high returns for investors

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What is the primary benefit of the 'auto choice' investment option in NPS?

It provides tax benefits on withdrawals made before retirement

It allows investors to customize their investment portfolio based on their risk appetite

It guarantees a minimum return rate regardless of market conditions

It automatically adjusts the risk portfolio based on the investor's age