Q. Consider the following statements about NPS Vatsalya Yojana:
1.The Life Insurance Corporation (LIC) is the nodal agency of the scheme.
2.Only minor citizens of up to 18 years of age are eligible for the scheme.
3.It is a contributory pension scheme.
How many of the above statements are correct?
Answer: B
Notes:
Explanation: Statements 2 and 3 are correct
Statement 1 is incorrect: Implemented by: Pension Fund Regulatory Authority of India (PFRDA)
Statement 2 is correct: Eligibility: All minor citizens (up to 18 years of age)
Statement 3 is correct: NPS Vatsalya is a Contributory Pension Scheme.
