šŸ“¢ Too many exams? Don’t know which one suits you best? Book Your Free Expert šŸ‘‰ call Now!


    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
    More Banking System in India Questions
    ask-question