Question

    Pension Fund Regulatory and Development Authority

    (PFRDA) has increased the upper age limit for Ombudsman to ______ from 65 years.
    A 66 Correct Answer Incorrect Answer
    B 68 Correct Answer Incorrect Answer
    C 69 Correct Answer Incorrect Answer
    D 70 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

       Pension Fund Regulatory and Development Authority (PFRDA) has increased the upper age limit by 5 years for Ombudsman to 70 years.As per the Pension Fund Regulatory and Development Authority (Redressal of Subscriber Grievance) Regulations 2015, the upper age limit was 65 years.      The Ombudsman appointed by PFRDA receives, considers and facilitates resolution of complaints or grievances, which fall within the ambit of the regulations.

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