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?Solution
Section 26.Ā Ā 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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B. It involves...
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