n NISM Certifications
XVII NISM Series XVII
Medium

A subscriber can withdraw up to 25% of their contributions from their NPS account at any time before exit, providing liquidity for unforeseen needs.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    15% of the total accumulation

  2. B

    15% of the contribution made by the subscriber

  3. C

    25% of the total accumulation

  4. 25% of the contribution made by the subscriber

    Correct answer

Why this is the answer

Partial withdrawal is permitted up to 25% of the contributions made by the individual, excluding employer contributions, to meet urgent financial needs.

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