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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%

Correct answer: 60%

Solution

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.

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