Question
What are the eligibility norms that are required to be
satisfied by the central recordkeeping agency, points of presence and pension funds as per the PFRDA Act?Solution
Section 26. Eligibility norms of the central recordkeeping agency, etc.: The central recordkeeping agency, points of presence and pension funds, shall satisfy the eligibility norms as may be specified by the regulations, including minimum capital requirement, past track-record including the ability to provide guaranteed returns, costs and fees, geographical reach, customer base, information technology capability, human resources and such other matters.
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