question_answer

The National Pension System (NPS) made news when HDFC Life was disqualified to be one of the NPS manage. Which of the following is/are correct about NPS?

(A) It is a contributory pension scheme launched by the Centre in Jan 2004.

(B) It was made compulsory for all new govt employees.

(C) It is not available for the private sector yet.

A) Only (A)

B) Only (B)

C) Only (C)

D) Only (A) and (B)

E) All (A), (B) and (C)