n NISM Certifications
XVII NISM Series XVII
Medium

What are the charges for non-financial transactions in the National Pension Scheme (NPS), and how are they collected?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs. 20 per transaction, collected from subscribers

  2. Rs. 4 per transaction, collected by canceling units

    Correct answer

  3. C

    0.01% per transaction, collected from subscribers

  4. D

    NIL

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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