RAILWAY QUESTION BANK & STUDY MATERIAL
ESTABLISHMENT
NEW PENSION SCHEME
Q1. New pension scheme is effective from a) 01.01.2004 b) 01.07.2004 c) 01.04.2004 d) None of these.
Ans: a) (Authority: Board’s letter No. F(E)III/2003/PNI/24 dt.31.12.03 RBE No.225/03, SER No.2/04)
Q2. New entrants in Railway Service will come under New Pension Scheme
a) Automatically b) By option c) On Administrative option d) None of these.
Ans: a) (Authority: Board’s letter No. F(E)III/2003/PNI/24 dt.31.12.03 RBE No.225/03, SER No.2/04)
Q3. New Pension Scheme is
a) Contributory b) Non contributory c) None d) All are correct.
Ans: a) (Authority: Board’s letter No. F(E)III/2003/PNI/24 dt.31.12.03 RBE No.225/03, SER No.2/04)
Q4. New Pension Scheme is
a) Single tire system b) Two tire system c) Three tire system d) None of these
Ans: a) (Authority: Board’s letter No. 2004/AC-II/21/1 dt.19.02.04 RBA No.05/04, SER No.66/04)
Q5. The contribution payable by the employee
a) Monthly basis b) Quarterly basis c) Half yearly basis d) Yearly basis
Ans: a) (Authority: Board’s letter No. 2004/AC-II/21/1 dt.19.02.04 RBA No.05/04, SER No.66/04)
Q6. Permanent Pension Account Number will consist of
a) 12 digits b) 14 digits c) 16 digits d) 20 digits
Ans: c)(Authority: Board’s letter No. 2004/AC-II/21/1 dt.19.02.04 RBA No.05/04, SER No.66/04)
Q7. The Nodal Officer for each Railway is
a) GM b) CPO c) Dy. GM d) FA&CAO
Ans: d)(Authority: Board’s letter No. 2004/AC-II/21/1 dt.19.02.04 RBA No.05/04, SER No.66/04)
Q8. The Officer-in-charge at HQ Office is
a) FA&CAO b) FA&CAO(HQ) c) Dy.CAO(G) d) SAO(Pension)
Ans: c) (Authority: Board’s letter No. 2004/AC-II/21/1 dt.19.02.04 RBA No.05/04, SER No.66/04)
Q9. The contribution towards New Pension Scheme is
a) @ 8% of pay b) @ 9% of pay c) @ 10% of pay d) @ 12% of pay
Ans: c) (Authority: Board’s letter No. 2004/AC-II/21/1 dt.19.02.04 RBA No.05/04, SER No.66/04)
Q10. Dearness Allowance is to be taken with pay for contribution. a) Yes b) No c) Partly true d) Partly wrong.
Ans: a) (Authority: Board’s letter No. 2004/AC-II/21/1 dt.19.02.04 RBA No.05/04, SER No.66/04) |