Q: 29 (IAS/2017)
question_subject:
Polity
question_exam:
IAS
stats:
0,33,105,40,34,32,32
keywords:
{'national pension system': [0, 0, 0, 2], 'indian citizens': [2, 0, 0, 0], 'state government employees': [0, 0, 0, 1], 'central government employees': [1, 0, 0, 1], 'armed forces': [0, 0, 1, 1], 'nps': [0, 0, 0, 2], 'respective state governments': [0, 0, 0, 1], 'services': [0, 0, 7, 17], 'resident': [0, 0, 0, 3]}
The National Pension System (NPS) is a voluntary defined contribution pension system introduced by the Government of India in 2004. It aims to provide retirement income to all Indian citizens.
While it is true that Resident Indian citizens can join the NPS, as mentioned in option (1), it is not the only category of individuals who are eligible to do so. Similarly, while Central Government employees including those of Armed Forces joining the services on or after 1st April 2004 can join the NPS, as mentioned in option (4), it is also not the only category of individuals who are eligible to join.
Option (2) is incorrect because the age range for joining the NPS is 18-65 years, not 21-55 years.
Option (3) is correct because all State Government employees who join the services after the date of notification by the respective State Governments are eligible to join the NPS. Additionally, individuals such as employees of private sector companies, self-employed individuals, and non-resident Indians can also join the NPS.
Therefore, option (3) is the correct answer to the question.