HomeTestsSearchRankProfile
mediumMCQCompetitive Exams2026General Knowledge
1 mark

Union Cabinet has decided to raise the contribution of Central Government to National Pension System(NPS) corpus of its employee from 10% to ________

  1. A
    11%
  2. B
    20%
  3. C
    14%
  4. D
    12%

Solution & Step-by-step Explanation

In December 2018, the Union Cabinet chaired by Prime Minister Narendra Modi approved changes to the National Pension System (NPS), increasing the Central Government’s mandatory contribution from 10% to 14% of the employee's basic salary, while the employee's minimum contribution remained at 10%.

Practice this question

Try it yourself before checking the explanation above.

Union Cabinet has decided to raise the contribution of Central Government to National Pension System(NPS) corpus of its employee from 10% to ________
A
11%
B
20%
C
14%
D
12%

Share This Question

Related Questions

Ready for a Full Test?

Practice with timed mock tests and track your performance across General Knowledge.

Discussion