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The corporate and retail sector subscriber base under the National Pension System (NPS) has crossed over 30 lakh, and the corpus under these is about to reach a landmark Rs. 1 lakh crore mark. NPS subscriber base data has how many categories?

The corporate and retail sector subscriber base under the National Pension System (NPS) has crossed over 30 lakh, and the corpus under these is about to reach a landmark Rs. 1 lakh crore mark. NPS subscriber base data has how many categories? Correct Answer 5

The correct answer is 5.

  • The corporate and retail sector subscriber base under the National Pension System (NPS) has crossed over 30 lakh, and the corpus under these is about to reach a landmark Rs. 1 lakh crore mark.
  • NPS subscriber base data has five categories — central government, state government, corporate, all citizen model, and NPS Lite.
  • The 'all citizen model' refers to retail customers.​
  • The government sector people join NPS because they have the mandate to join it; but in the retail sector, people have the choice to join it or not.
  • The total corpus by the corporate and retail segment has reached over Rs. 97,000 crore.
  • The milestone of 30 lakh voluntary subscribers under the NPS has been reached over a period of 12 years.

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