n NISM Certifications
XVII NISM Series XVII
Medium

What is the rule regarding PAN card submission for investing in the NPS?

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

    PAN card is compulsory for all categories of investors

  2. PAN card is to be submitted where available

    Correct answer

  3. C

    PAN card is to be submitted if the annual investment is over Rs 50,000

  4. D

    PAN card is required for investors in corporate models only

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

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