what is the full frome of GPF& NPS
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3
Answer:
Full Form of GPF-
General Provident Fund
Full Form of NPS-
National Pension System
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Explanation:
GPF stands for General Provident Fund. It is a provident fund account available for the government employees. In this fund, the government employees contribute a certain percentage of their salary to the account. The accumulated amount is paid to the employee at the time of superannuation or retirement.
Background. The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India.
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