Finance · Financial Markets
Which of the following features are associated with the National Pension System (NPS)? 1. The contributions to NPS grow with market-linked returns over time. 2. The NPS account can be transferred to different jobs and locations, providing portability. 3. Tier-II account is the voluntary savings account for subscribers under NPS. 4. NPS offers tax benefits under various sections of the Income Tax Act, including Section 80CCD.
- 1Only 3 and 4
- 2Only 2 and 4
- 3Only 1 and 3
- 4Only 1, 2, and 4✓
Correct answer
Only 1, 2, and 4
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