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GK QUESTION#2078

In which year was the National Pension System (NPS) launched in India?

  1. A1999
  2. B2004Correct answer
  3. C2010
  4. D2015
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Answer

B. 2004

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Explanation

2004. The National Pension System (NPS) was launched on 1 January 2004 as a mandatory retirement scheme for new Central Government employees (excluding Armed Forces) and was opened to all citizens on a voluntary basis in May 2009.

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