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      Question

      Which of the following is not a Central Record Keeping

      Agency (CRA) for the National Pension System (NPS)?
      A NSDL Correct Answer Incorrect Answer
      B Karvy Computershare Private Limited Correct Answer Incorrect Answer
      C Central Depository Services (India) Limited Correct Answer Incorrect Answer
      D LIC Pension Fund Correct Answer Incorrect Answer
      E SBI Pension Funds Private Limited Correct Answer Incorrect Answer

      Solution

      Central Depository Services (India) Limited is not a Central Record Keeping Agency (CRA) for the National Pension System (NPS). CRAs are entities authorized to maintain records of NPS subscribers, including transactions and balances, but CDSL's role in the Indian financial ecosystem is primarily as a securities depository.

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