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      Question

      All sums realised by way of penalties under the PFRDA

      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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