Current Affairs · Government Schemes
Which of the following withdrawal/annuity options is NOT available to a subscriber under the National Pension System (NPS) upon normal exit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Mandatory 100% lumpsum exit from NPS without any annuity on attaining the age of 65 years✓
- 2Annuity payable for life with 100% annuity payable to spouse on death of annuitant scheme
- 3Annuity for life with return of purchase price on death scheme
- 4Annuity for life scheme
Correct answer
Mandatory 100% lumpsum exit from NPS without any annuity on attaining the age of 65 years
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