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 What is the objective of the National Pension System (NPS) Statement of Transaction (SoT) integration with the Consolidated Account Statement (CAS)?
  • a)
    To enable centralized financial management for citizens.
  • b)
    To streamline tax filing processes for pensioners.
  • c)
    To provide a comprehensive overview of all investments to pension subscribers.
  • d)
    To create a consolidated database of pension beneficiaries.
Correct answer is option 'C'. Can you explain this answer?
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What is the objective of the National Pension System (NPS) Statement o...
The integration of the National Pension System (NPS) Statement of Transaction (SoT) with the Consolidated Account Statement (CAS) is aimed at providing NPS subscribers with a consolidated view of their various transactions and investments. This streamlined overview enhances transparency and simplifies financial management for pension subscribers.
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What is the objective of the National Pension System (NPS) Statement of Transaction (SoT) integration with the Consolidated Account Statement (CAS)?a)To enable centralized financial management for citizens.b)To streamline tax filing processes for pensioners.c)To provide a comprehensive overview of all investments to pension subscribers.d)To create a consolidated database of pension beneficiaries.Correct answer is option 'C'. Can you explain this answer?
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What is the objective of the National Pension System (NPS) Statement of Transaction (SoT) integration with the Consolidated Account Statement (CAS)?a)To enable centralized financial management for citizens.b)To streamline tax filing processes for pensioners.c)To provide a comprehensive overview of all investments to pension subscribers.d)To create a consolidated database of pension beneficiaries.Correct answer is option 'C'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about What is the objective of the National Pension System (NPS) Statement of Transaction (SoT) integration with the Consolidated Account Statement (CAS)?a)To enable centralized financial management for citizens.b)To streamline tax filing processes for pensioners.c)To provide a comprehensive overview of all investments to pension subscribers.d)To create a consolidated database of pension beneficiaries.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the objective of the National Pension System (NPS) Statement of Transaction (SoT) integration with the Consolidated Account Statement (CAS)?a)To enable centralized financial management for citizens.b)To streamline tax filing processes for pensioners.c)To provide a comprehensive overview of all investments to pension subscribers.d)To create a consolidated database of pension beneficiaries.Correct answer is option 'C'. Can you explain this answer?.
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