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    Question

    PFRDA in coordination with SEBI has enabled the NPS

    subscribers to view their pension fund corpus along with their demat securities and MF holdings under a single consolidated account statement (CAS).   This functionality that will benefit over ______NPS subscribers, is expected to provide a simplified and secured way to stay informed on NPS investments through CAS.
    A 1.23 crore Correct Answer Incorrect Answer
    B 1.29 crore Correct Answer Incorrect Answer
    C 1.35 crore Correct Answer Incorrect Answer
    D 1.41 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    PFRDA in coordination with SEBI has enabled the NPS subscribers to view their pension fund corpus along with their demat securities and MF holdings under a single consolidated account statement (CAS).     This functionality that will benefit over 1.35 crore NPS subscribers, is expected to provide a simplified and secured way to stay informed on NPS investments through CAS.  Currently, CAS, which is provided by National Securities Depository Ltd and Central Depository Services Ltd, offers a consolidated view of personal investments in the securities market with updated mark-to-market values. The facility to include NPS SoT in CAS will be available to NPS subscribers on a consent basis.

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