Current Affairs

GK MCQs Section

Topic: Pensions

One Rank One Pension Scheme Marks Ten Years

The One Rank One Pension (OROP) Scheme has reached an important milestone. It has been ten years since its implementation. This initiative aims to provide equitable pension payments...

November 9, 2024

Workshop on National Pension System (NPS) for Corporates

On 18 Nov, Pension Fund Regulatory and Development Authority (PFRDA) conducted a workshop on National Pension System (NPS) for Corporates in Mumbai. The workshop was organized in association...

November 19, 2019

8.65 Per Cent rate of interest notified for EPFO Subscribers

The government has approved 8.65 per cent interest rate on employees provident fund for 2018-19. This will be credited into the accounts of over 60 million subscribers of...

September 20, 2019

PM Kisan Maan Dhan Yojana

The Central Government has launched the PM Kisan Maan Dhan Yojana, a pension scheme for small and marginal farmers of the country. Features of the Scheme The scheme...

August 10, 2019

Update : Tax on Disability Pension of Military Veterans

After a ruckus in the lower house of the Parliament, Defence Minister Rajnath Singh has assured the house that he would inquire into the matter of tax on...

June 27, 2019

New index to Assess Quality of Central and State Budgets

The Confederation of Indian Industry (CII) has come out with a Fiscal Performance Index to assess the quality of budgets presented by the Centre and state governments. Fiscal...

June 7, 2019

Bihar government announces a universal old age pension scheme – Mukhyamantri Vridhajan Pension Yojna (MVPY)

On 14th of February, the Bihar government announced a universal old age pension scheme – Mukhyamantri Vridhajan Pension Yojna (MVPY) for all people above 60 years of age....

February 14, 2019

Central Government contribution in National Pension Scheme (NPS) raises to 14%

The Union Cabinet has recently raised the government’s contribution to National Pension Scheme (NPS) to 14% of basic salary from the current 10%. However, minimum employee contribution will...

December 11, 2018

The conference on implementation of National Pension System (NPS) by Central Autonomous Bodies (CABs) held in New Delhi

The conference on implementation of National Pension System (NPS) by the Central Autonomous Bodies (CABs) was held in New Delhi. It was organized by Pension Fund Regulatory and...

June 17, 2018

Atal Pension Yojana reaches subscriber base of 80 lakh

The Pension Fund Regulatory and Development Authority of India (PFRDA) has announced that Atal Pension Yojana (APY) run by it has reached a subscriber base of 80 lakh...

January 6, 2018

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