IBPS PO General Awareness: Pension and Retirement Schemes questions with solutions

Q1. PFRDA announced changes in the National Pension Scheme (NPS) rules. These new rules will allow the NPS account holder to withdraw up to what percentage of the deposited pension fund?

1. 40%
2. 50%
3. 55%
4. 60%

Answer: 60%

Under the revised NPS exit rules, a subscriber can withdraw up to 60% of the accumulated pension corpus as a lump sum. The balance is typically used to buy an annuity for regular pension income.