Questions

The Union Cabinet has approved an ordinance to set up India’s first national sports university in Imphal, Manipur. The proposed university will be spread over 325 acres and cost Rs 524 crore.

The National Statistics Day (NSD) is celebrated every year in India on 29th June to create public awareness about importance of statistics in socio-economic planning and
policy formulation.
Note: The 2017 theme is “Administrative Statistics”

Gaul

In continuance of the several initiatives under taken by Pension Fund Regulatory and Development Authority (PFRDA) during the last few years to increase the pension coverage in the country, PFRDA has now increased the maximum age of joining under NPS-Private Sector (i.e. All Citizen and Corporate Model) from the existing 60 years to 65 years of age.

Now, any Indian Citizen, resident or non-resident, between the age of 60-65 years, can also join NPS and continue up to the age of 70 years in NPS. With this increase of joining age, the subscribers who are willing to join NPS at the later stage of life will be able to avail the benefits of NPS.