All sums realised by way of penalties under the PFRDA

Q: Answer-All sums realised by way of penalties under the PFRDA Act shall be credited to the______________

Subscriber Education and Protection Fund, Explanation Section 29. Crediting sums realised by way of penalties to Subscriber Education and Protection Fund All sums realised by way of penalties under this Act shall be credited to the Subscriber Education and Protection Fund established under sub-section 1 of section 41.

Act shall be credited to the______________

A Subscription Fund Correct Answer Incorrect Answer

B Penalty Collection Fund Correct Answer Incorrect Answer

C Subscriber Education and Protection Fund Correct Answer Incorrect Answer

D Investors Education & Protection Fund Correct Answer Incorrect Answer

E Subscriber Education and Investment Fund Correct Answer Incorrect Answer

Solution

Subscriber Education and Protection Fund, Explanation: Section 29. Crediting sums realised by way of penalties to Subscriber Education and Protection Fund: All sums realised by way of penalties under this Act shall be credited to the Subscriber Education and Protection Fund established under sub-section (1) of section 41.

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