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      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?
      A Minimum capital requirement Correct Answer Incorrect Answer
      B Past track-record Correct Answer Incorrect Answer
      C Ability to provide guaranteed returns, costs and fees, geographical reach, customer base, information technology capability, human resources Correct Answer Incorrect Answer
      D Both a & b Correct Answer Incorrect Answer
      E All a, b & c Correct Answer Incorrect Answer

      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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