n NISM Certifications
XVII NISM Series XVII
Medium

What happens to an employee’s existing NPS account when they get a job in the Central Government?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    A new NPS account must be opened under the Government Model

  2. The current NPS account is transferred from the Corporate Model to the Government Model

    Correct answer

  3. C

    The new employer contributes to the existing NPS account

  4. D

    The current account must be closed and a new one opened

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

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