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      Question

      What constitutes the Pension Regulatory and Development

      Fund, according to the PFRDA Act?
      A Only Government grants and fees received by the Authority Correct Answer Incorrect Answer
      B Only sums received from sources decided upon by the Central Government Correct Answer Incorrect Answer
      C All fees and charges received by the Authority, and sums received from other sources as decided upon by the Central Government Correct Answer Incorrect Answer
      D All Government grants, fees, and charges received by the Authority, and sums received from other sources as decided upon by the Central Government Correct Answer Incorrect Answer
      E Only Government grants and sums received from other sources as decided upon by the Central Government Correct Answer Incorrect Answer

      Solution

      Section 40. Constitution of Pension Regulatory and Development: (1) There shall be constituted a fund to be called the Pension Regulatory and Development Fund and there shall be credited thereto— (a) all Government grants, fees and charges received by the Authority; (b) all sums received by the Authority from such other source as may be decided upon by the Central Government.  

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