RRB NTPC 2025 · Question 407 of 409

Which of the following correctly characterises the regulatory and structural aspects of the NPS Vatsalya scheme, as launched in 2024? The scheme is administered by the Pension Fund Regulatory and Development Authority (PFRDA). Contributions under NPS Vatsalya are pooled into a government-managed consolidated fund without individual accounts. The scheme allows a smooth shift to a regular NPS account when the subscriber turns 18 years of age. Upon attaining adulthood, subscribers must compulsorily exit NPS Vatsalya and opt for the Atal Pension Yojana.

1. AOnly 2
2. B2, 3 and 4
3. C1 and 3
4. D1 and 4Correct