New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What does the term "National Pension System Trust" refer

    to as per the PFRDA Act provisions?
    A The regulatory authority overseeing pension funds Correct Answer Incorrect Answer
    B The government agency responsible for pension disbursement Correct Answer Incorrect Answer
    C The financial institution managing pension investments Correct Answer Incorrect Answer
    D The Board of Trustees responsible for holding the assets of subscribers for their benefit Correct Answer Incorrect Answer
    E The group of individuals responsible for setting pension contribution rates Correct Answer Incorrect Answer

    Solution

    Section2. Definitions (j) "National Pension System Trust" means the Board of Trustees who hold the assets of subscribers for their benefit.

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