Question
What is the minimum net worth of PFRDA for pension fund
managers?Solution
The Sponsor shall incorporate a Pension Fund as a separate limited company under the Companies Act, 2013 and shall ensure that such Pension Fund has a minimum positive tangible net worth of Fifty crore rupees or such other higher amount as may be specified by the Authority from time to time.
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The term ‘Putt’ is used in ________.
