Question

The Authority may, by granting a certificate of registration permit one or more persons to act as a pension fund for the purpose of ____________________

A Receiving contributions, accumulating them and making payments to the subscriber
B Responsible for receiving instructions from subscribers through the points of presence, transmitting such instructions to pension funds, effecting switching instructions received from subscribers and discharging such other duties and functions
C Receiving contributions and instructions, transmitting them to the Trustee Bank or the central recordkeeping agency and paying out benefits to subscribers
D All a, b & c
E Both a & b
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)