Question

    National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme. NPS is regulated by? 

    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C IRDA Correct Answer Incorrect Answer
    D PFRDA Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India.

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