Q.: What does UPS stand for in reference to benefits for government employees?
(a) Unified Payment System
(b) Unified Pension Scheme
(c) Universal Pension Service
(d) Union Payment Scheme
Answer
Answer: (b) Unified Pension Scheme
The Union Cabinet, on 24 August 2024 approved the Unified Pension Scheme (UPS) for the central government employees.
Q.: What is the assured family pension percentage of the employee’s pension after their demise?
(a) 50%
(b) 55%
(c) 60%
(d) 65%
Answer
Answer: (c) 60%
Assured Pension under UPS: 50% of average basic pay for the last 12 months prior to retirement for a minimum service of 25 years
Q.: Which country won the first-ever team title in women’s wrestling at the Under-17 World Wrestling Championship 2024?
(a) Japan
(b) Kazakhstan
(c) India
(d) USA
Answer
Answer: (c) India
Indian Women’s Team won its first-ever team title with 185 points, ahead of Japan (146 points) and Kazakhstan (79 points) at Under-17 World Wrestling Championship in Amman, Jordan, (Aug 19-25, 2024).