Question

National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme. NPS is regulated by? 

A RBI Correct Answer Incorrect Answer
B SEBI Correct Answer Incorrect Answer
C IRDA Correct Answer Incorrect Answer
D PFRDA Correct Answer Incorrect Answer
E None of the above Correct Answer Incorrect Answer

Solution

The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India.

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