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IE-IFS Capsule Cards PRO Pension Products
The NPS offers two types of accounts to subscribers. What is the fundamental difference in the withdrawal rules for Tier-I and Tier-II accounts?
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NPS: Tier-I vs Tier-II Accounts
Pension Products 31
WA 31
IE-IFS Capsule Cards PRO Pension Products
Under NPS, subscribers can choose how their money is invested by Pension Fund Managers. What happens if they select 'Auto Choice'?
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NPS Auto vs Active Choice
Pension Products 31
WA 31
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The National Pension Scheme (NPS) is a market-linked, defined contribution product. Which statutory authority administers and regulates it?
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NPS Regulator
Pension Products 30
WA 30
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Every individual subscriber in the National Pension System is issued a unique identification card. What does PRAN stand for?
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NPS PRAN
Pension Products 30
WA 30
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A pension product generally operates in two distinct stages throughout an individual's lifetime. What is the difference between the Accumulation stage and the Vesting stage?
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Pension Stages: Accumulation vs Vesting
Pension Products 29
WA 29
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PPF is a popular government investment instrument launched by the National Savings Institute. What are the minimum and maximum annual investment limits?
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Public Provident Fund (PPF) Limits
Pension Products 29
WA 29
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The Employees Provident Fund (EPF) is a mandatory scheme for private sector firms with more than 20 employees. Which statutory body manages it?
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EPF Statutory Body
Pension Products 27
WA 27
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To simplify EPF management, the EPFO introduced a unique 12-digit number for employees. What is its name and primary benefit?
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Universal Account Number (UAN)
Pension Products 27
WA 27
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Insurance companies offer pension annuities. What is the fundamental timing difference between an Immediate Annuity and a Deferred Annuity?
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Immediate vs Deferred Annuity
Pension Products 26
WA 26
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Investment in the Employees Provident Fund comes with significant tax advantages. Under which tax category does EPF fall?
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EPF Tax Benefits (EEE)
Pension Products 26
WA 26
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IE-IFS Capsule Cards PRO Pension Products
The NPS provides dual tax benefits to subscribers. Apart from the standard 80C limit, what additional exclusive tax deduction is allowed for NPS Tier-I?
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NPS Tax Deduction (Section 80CCD)
Pension Products 26
WA 26
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Both employer and employee contribute 12% of the employee's salary (Basic + DA) to the EPF. How is the employer's 12% contribution sub-divided?
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EPF Contribution Breakdown
Pension Products 25
WA 25
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NPS Tier-I restricts liquidity to build a retirement corpus. After how many years can a subscriber make a partial withdrawal, and what is the limit?
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NPS Partial Withdrawal Rules
Pension Products 23
WA 23
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The APY is a government-backed pension scheme. Which specific sector of workers is it focused on, and what is the eligible age range?
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Atal Pension Yojana (APY) Target Group
Pension Products 21
WA 21
IE-IFS Capsule Cards PRO Pension Products
If a subscriber wishes to voluntarily exit the NPS entirely before reaching 60 years of age, what are the financial conditions?
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NPS Premature Exit Rule
Pension Products 20
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When an NPS subscriber reaches 60 years of age, what are the minimum and maximum percentages they can withdraw as a tax-free lump sum?
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NPS Normal Exit (Age 60)
Pension Products 20
WA 20
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In the architecture of the National Pension System, what is the role of the entities designated as 'Points of Presence' (POPs)?
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NPS Points of Presence (POPs)
Pension Products 20
WA 20
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Under the Atal Pension Yojana, the subscriber's contribution amount depends on their entry age and their chosen pension slab. What are the guaranteed pension amounts available?
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APY Pension Slabs
Pension Products 19
WA 19
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How are the regular contributions for the Atal Pension Yojana collected from the subscribers?
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APY Default and Collections
Pension Products 19
WA 19
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Employers can set up 'Exempted Funds' as a substitute for EPFO plans. What is the minimum investment requirement in Central Government bonds for these funds?
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Exempted Funds (EPFO)
Pension Products 19
WA 19
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Pension Products — JAIIB IE-IFS Capsules

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All 20 cards on this page
NPS: Tier-I vs Tier-II Accounts The NPS offers two types of accounts to subscribers. What is the fundamental difference in the withdrawa… NPS Auto vs Active Choice Under NPS, subscribers can choose how their money is invested by Pension Fund Managers. What happens if… NPS Regulator The National Pension Scheme (NPS) is a market-linked, defined contribution product. Which statutory auth… NPS PRAN Every individual subscriber in the National Pension System is issued a unique identification card. What… Pension Stages: Accumulation vs Vesting A pension product generally operates in two distinct stages throughout an individual's lifetime. What is… Public Provident Fund (PPF) Limits PPF is a popular government investment instrument launched by the National Savings Institute. What are t… EPF Statutory Body The Employees Provident Fund (EPF) is a mandatory scheme for private sector firms with more than 20 empl… Universal Account Number (UAN) To simplify EPF management, the EPFO introduced a unique 12-digit number for employees. What is its name… Immediate vs Deferred Annuity Insurance companies offer pension annuities. What is the fundamental timing difference between an Immedi… EPF Tax Benefits (EEE) Investment in the Employees Provident Fund comes with significant tax advantages. Under which tax catego… NPS Tax Deduction (Section 80CCD) The NPS provides dual tax benefits to subscribers. Apart from the standard 80C limit, what additional ex… EPF Contribution Breakdown Both employer and employee contribute 12% of the employee's salary (Basic + DA) to the EPF. How is the e… NPS Partial Withdrawal Rules NPS Tier-I restricts liquidity to build a retirement corpus. After how many years can a subscriber make… Atal Pension Yojana (APY) Target Group The APY is a government-backed pension scheme. Which specific sector of workers is it focused on, and wh… NPS Premature Exit Rule If a subscriber wishes to voluntarily exit the NPS entirely before reaching 60 years of age, what are th… NPS Normal Exit (Age 60) When an NPS subscriber reaches 60 years of age, what are the minimum and maximum percentages they can wi… NPS Points of Presence (POPs) In the architecture of the National Pension System, what is the role of the entities designated as 'Poin… APY Pension Slabs Under the Atal Pension Yojana, the subscriber's contribution amount depends on their entry age and their… APY Default and Collections How are the regular contributions for the Atal Pension Yojana collected from the subscribers? Exempted Funds (EPFO) Employers can set up 'Exempted Funds' as a substitute for EPFO plans. What is the minimum investment req…
Chapters in this paper
Micro Finance Institutions Non-Banking Financial Companies (NBFCs) Fixed Income Markets – Debt and Bond Markets Interconnectedness of Markets and Market Dynamics Merchant Banking Services Foreign Exchange Markets (IE-IFS) Factoring, Forfaiting and Trade Receivables Discounting System (TReDS) Venture Capital Lease Finance and Hire Purchase Credit Rating and Credit Scoring Pension Products Para Banking and Financial Services Provided by Banks Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) An Overview of Indian Economy Fundamentals of Economics, Microeconomics, and Macroeconomics and Types of Economies Indian Financial System – An Overview
Modules in IE-IFS
MODULE A: Indian Economic Architecture MODULE B: Economic Concepts Related to Banking MODULE C: Indian Financial Architecture MODULE D: Financial Products & Services
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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