Workassist: NPS & NPS Vatsalya Quiz

1. What is the minimum age for normal exit from NPS?

2. What percentage of the accumulated corpus is mandatory to be used for purchasing an annuity at the time of normal exit?

3. How many times can a subscriber make partial withdrawals from their NPS account during the entire tenure?

4. What is the maximum amount that can be withdrawn in each partial withdrawal?

5. If a subscriber exits the NPS before the age of 60 due to specific reasons like disability or critical illness, what percentage of the corpus can be withdrawn as a lump sum?

6. What is the minimum annual contribution required to open an NPS Vatsalya account?

7. Who is eligible to open an NPS Vatsalya account?

8. What happens to the NPS Vatsalya account when the minor turns 18?

9. How much can be partially withdrawn from the NPS Vatsalya account before the minor turns 18?

10. What are the conditions under which partial withdrawals can be made from the NPS Vatsalya account?

11. What percentage of the accumulated corpus must be used to purchase an annuity upon exiting the NPS Vatsalya account at age 18?

12. Can guardians continue to contribute to the NPS Vatsalya account if both parents pass away?