Question
Which regulatory body has introduced an advanced mode of
bank account verification of subscribers through PAN-PRAN-UPI?Solution
This advanced mode of Bank Acct Verification of the Subscribers (PAN-PRAN- VPA(UPI)) with elegant features where the joint holder details, PAN and UPI Ids are verified through NPCI and matched with Permanent Retirement Acct Number (PRAN) Pension Fund Regulatory and Development Authority (PFRDA) is the regulatory body under the jurisdiction of Ministry of Finance, Government of India for overall supervision and regulation of pensions in India.
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