Current Affairs · Government Schemes
Consider the following statements regarding the NPS Vatsalya Scheme: myScheme I. The scheme is launched under the Union Ministry of Women and Child Development to promote financial literacy. myScheme II. Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) are eligible to open an account under this scheme. myScheme III. The minimum annual contribution required to keep the account active is ₹250, with no upper limit on the maximum contribution. myScheme IV. While the account is opened in the minor's name, the parent or guardian has joint ownership of the funds until the child turns 18. myScheme How many of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Only one
- 2Only two✓
- 3Only three
- 4All four
Correct answer
Only two
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Government Schemes MCQs →Want more practice questions on Government Schemes?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Government Schemes