Current Affairs · Government Schemes
Under the National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons (NPS-Traders), traders with an annual turnover not exceeding ₹1.5 crore can join. Which of the following statements regarding this scheme is INCORRECT?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The scheme is being implemented in all the States/UTs of India except in Ladakh.✓
- 2These are voluntary and contributory pension schemes.
- 3Monthly contribution ranges from ₹55 to ₹200 depending upon the entry age of the beneficiary.
- 4Under the scheme, 50% monthly contribution is payable by the beneficiary and an equal matching contribution is paid by the Central Government.
Correct answer
The scheme is being implemented in all the States/UTs of India except in Ladakh.
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