📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What is the minimum net worth of PFRDA for pension fund

      managers?
      A ₹50 crore Correct Answer Incorrect Answer
      B ₹40 crore Correct Answer Incorrect Answer
      C ₹25 crore Correct Answer Incorrect Answer
      D ₹100 crore Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The Sponsor shall incorporate a Pension Fund as a separate limited company under the Companies Act, 2013 and shall ensure that such Pension Fund has a minimum positive tangible net worth of Fifty crore rupees or such other higher amount as may be specified by the Authority from time to time.

      Practice Next
      ask-question