New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which regulatory body has introduced an advanced mode of

    bank account verification of subscribers through PAN-PRAN-UPI?
    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C PFRDA Correct Answer Incorrect Answer
    D NABARD Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    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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