NISM Series XVII: Retirement Adviser Certification Examination Notes
Page 41 Of 110
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Investment Guidelines: PFRDA sets limits on asset class exposure to ensure diversification.
Risk Profiling: NPS schemes are categorized by risk levels (E, C, G, A).
Annuity Types: Include life annuity, joint life with return of purchase price, and more.
Exit Options: Normal exit allows lump sum and annuity; death benefits go to nominees.
Contribution Process: Contributions require NCIS and can be made via POPs or eNPS.
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