Correct option is C
The Pension Fund Regulatory and Development Authority (PFRDA) launched the
Balanced Life Cycle Fund (BLC) as a new investment option under the National Pension System (NPS).
·
Equity Allocation:
· Allows subscribers to allocate up to 50% of their investments into equities until the age of 45.
·
Gradual Risk Reduction:
· Equity allocation decreases progressively after 45 to minimise risk.
·
Automatic Rebalancing:
· Automatically adjusts the mix of equity (Asset Class E), corporate bonds (Asset Class C), and government bonds (Asset Class G) based on the subscriber's age.
·
Key Advantage:
· Offers flexibility and higher growth potential during prime working years while balancing risk nearing retirement.
English
100 Questions
100 Marks
60 Mins
