Question
As per the PFRDA Act, 2013, what is the primary function
of the Pension Fund Regulatory and Development Authority (PFRDA)?Solution
The PFRDA was established under the PFRDA Act, 2013 to act as the regulator for the pension sector in India. Its primary function, as stated in Section 14(1) of the Act, is to regulate, promote, and ensure the orderly growth of the National Pension System (NPS) and other pension schemes not regulated by any other enactment. It ensures protection of subscribers' interests and development of the pension market in India.
The process in which certain types of assets are pooled so that they can be repackaged into interest-bearing securities is called:
When a borrower opts for an insurance policy in connection with a loan, it is a case of _______
Which of the following government securities pays interest semiannually?
Which of the following ratios can help compare the operational efficiency of different entities?
A Sub-standard asset is a non performing asset that has remained non-performing for a period __ __________
Two goods will be classified as ______ if the cross-price elasticity between them is negative.
What is the lock-in period for Public Provident Fund?
 Which of the following methods of redeeming the bonds before maturity is generally considered the most detrimental for bondholders?
Which of the following is not an output of an organization?
Which of the following Statements is not a proper explanation of benefits of Demographic Dividend?