MCQs on NPS (National Pension System or New Pension Scheme) - 50 Questions
35. OASIS Stands for
A)
Old Age Social and Income Security
B) Old Age System
and Income Security
C) Old Age
Society and Income System
D) None of these
36. Who was the Chairman of OASIS Committee?
A) Atul
Chaturvedi
B)
S A Dave
C) Dr Ajay Shah
D) Gautham Bharadwaj
37. Which one of the following statement is true in respect of Regulators in NPS?
A) PFRDA,
NASSCOM, RBI, IRDAI and AMFI
B)
RBI, SEBI, IRDAI, PFRDA and IBBI
C) PFRDA, AMFI,
RBI, IRDAI and IBBI
D) PFRDA, SEDBI,SEBI, IRDAI and IBBI
38. PFRDA Was established in
A) 01.04.2001
B) 07.07.2002
C)
23.08.2003
D) 27.09.2004
39. PFRDA Act was passed in
A) 10.07.2012
B) 18.07.2013
C)
19.09.2013
D) 23.08.2013
40. Which one of the following has the responsibility of Ensuring compliance through audit by independent auditors?
A) PFRDA
B) NSDL
C)
NPS Trust
D) IRDAI
41. Which one of the following is the Trustee Bank for NPS?
A) SBI BANK B) HDFC BANK
C) AXIS BANK D) CITY BANK
42. Which one of the following is true in respect of CRA’s registered by PFRDA for NPS?
A) CRISIL &
NSDL
B) NSDL &
ICRA
C)
KARVY & NSDL
D) CARE & CRISIL
43. Which one of the following statement is true in respect of PFM’s who manage pension contributions of CG employees under NPS?
A) HDFC, SBI
& LIC
B) SBI, LIC
& ICICI
C)
SBI, UTI & LIC
D) KOTAK, SBI & RELAINCE
44. Which one of the following is the CUSTODIAN of security for NPS?
A) IL&FS
SECURITIES SERVICES LIMITED
B) SBI-SG
GLOBAL SECURITIES SERVICES PVT. LTD
C)
STOCK HOLDING CORPORATION OF INDIA LIMITED
D) Securities and Exchange Board of India
45. How Many PFM’s are there under NPS?
A) 6
B)
8
C) 7
D) 5
46. How many Annuity Service Providers are there under NPS?
A) 8
B) 9
C) 10
D) 11
47. What is the Service charge for Tier-II Account Activation?
A)
Charge @0.25% of contribution subject to minimum Rs 20 and Maximum Rs 25000+ applicable
GST
B) Charge @0.15%
of contribution subject to minimum Rs 50 and Maximum Rs 25000+ applicable GST
C) Charge @0.10%
of contribution subject to minimum Rs 50 and Maximum Rs 10000+ applicable GST
D) Charge @0.20% of contribution subject to minimum Rs 50 and Maximum Rs 25000+ applicable GST
48. What are the Initial subscriber registration charges at POP for NPS?
A) Rs 100
B)
Rs 200
C) Rs 500
D) Rs 1000
49. What is the Non-financial transaction Charges at POP?
A) Rs 10
B)
Rs 20
C) Rs 50
D) Rs 100
50. What is the Persistence charges which is being levied annually?
A) Rs 10
B) Rs 20
C)
Rs 50
D) Rs 100