ibpsguide- the hindu analysis...inaugurate gurupriya bridge next month. popular tamil novelist...
TRANSCRIPT
IBPSGUIDE- THE HINDU ANALYSIS Interrogative version (May 16th 2018)
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•North Korea will join 'efforts for a total ban on
nuclear tests' •Ambika Sharma to head
USIBC India office
NATIONAL
•NGT raps Ganga Mission for non-compliance
•Aadhaar not mandatory for getting pension •Rohatgi joins Lokpal
selection panel
•Tata wins NCLT nod to buy Bhushan Steel •Allahabad Bank CEO divested of powers
•Women’s T20 challenge •Shashank
Manohar to remain ICC chairman
•NPS
INTERNATIONAL
STATE BUSINESS
SPORTS
BANKING TERM
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•Odisha CM Naveen to inaugurate Gurupriya bridge next month. •Popular Tamil novelist
Balakumaran passes away
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North Korea will join international efforts to ban nuclear tests, its
ambassador to the United Nations in Geneva, Han Tae Song
What is the global disarmament that North Korea ready to joins?
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The United States Business and Industry Council (USBIC) is an NGO lobbying on behalf of family-owned and closely held US
manufacturing companies.
What is USIBC?
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National Green Tribunal Act, 2010 (NGT) is an Act of the Parliament of India which enables creation of a special
tribunal to handle the expeditious disposal of the cases pertaining to environmental issues. It draws inspiration from the
India's constitutional provision of Article 21, which assures the citizens of India the right to a healthy environment.
What is NGT?
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Jitendra Singh is Minister of State for Personnel.
Who is Minister of State for Personnel ?
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The Home Ministry plans to outsource the preparation of the proposed sex offenders’ registry to the private sector. Private contractors are expected to design and maintain the database
that will be integrated with the Aadhaar database.
What is the objective of Lokpal Selection Panel?
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Chief minister Naveen Patnaik will inaugurate the much-touted Gurupriya bridge on the river Gurupriya
in Malkangiri district next month,
Where is Gurupriya bridge constructing?
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The National Company Law Tribunal is a quasi-judicial body in India that adjudicates issues relating to Indian companies.
What is NCLT?
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Usha Ananthasubramanian is the CEO of Allahabad Bank
Who is the CEO of Allahabad Bank?
In an effort to popularise women’s cricket, the BCCI has organised an exhibition women’s T20 ahead of Qualifier I at the Wankhede
Stadium on May 22.
Where and when does Women T20 challenge going to held?
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Dubai is the Headquarters of ICC.
Where is the Headquarters of ICC?
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National Pension System (NPS) is an investment cum pension scheme
initiated by Government of India to provide old age security and pension
of all citizen of India. The NPS was rolled out for all citizens of India on
May 01, 2009. The Scheme is regulated by Pension Fund Regulatory and
Development Authority (PFRDA).
What is NPS?
A citizen of India, whether resident or non – resident can join the
NPS subject to following conditions
Subscriber should be between 18 – 60 years of age as on the date
of submission of her application
Subscriber should comply with the prescribed Know Your
Customer (KYC) norms as detailed in the Subscriber
Registration Form for NPS
Who can subscribe to NPS?
No, HUF, OCI and POI are not allowed to join NPS
Can HUF, OCI and PIO join NPS?
The scheme is based on unique Permanent Retirement Account Number
(PRAN) which is allotted to each Subscriber upon joining. Subscriber contributes
towards NPS (directly or through the Employer she is working with) during her
working life. On retirement or exit from the scheme, the Corpus is made available
to her with the mandate that some portion of the Corpus must be invested in to
Annuity to provide a monthly pension post retirement or exit from the scheme
How the Scheme works?
No. In the entire life span Subscriber will be allowed to open only one NPS
Account. The NPS Account number which is also called PRAN is fully portable
across job and geography.
Can a Subscriber open more than one NPS account?
No. Active Tier – I NPS Account is a must criterion for opening Tier – II NPS
Account. Subscriber cannot apply for only Tier – II NPS Account
Can a Subscriber open only Tier II NPS Account?
Under NPS, Subscriber gets the option to open two accounts. A Tier I
account is mandatory to open in order to join NPS. Difference between Tier
I and Tier II accounts are as mentioned below
What are different types of NPS Account?
Tier I NPS Account Tier II NPS Account
It is also known as Pension account It is known as investment account
Withdrawal from this account is
permitted after 10 years of account
opening or attaining the age 60
years whichever comes early
Withdrawal from this account can
be done at any point of time as per
Su s ri er’s need
Minimum annual contribution
required for this account is Rs. 1000
NA
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