New Click here to Enroll for SIDBI MSME Expert Class by ex-GM, SBI on Nov 24

    Register

    Question

    For what purpose is the PRAN number used, a 12-digit

    unique identifier assigned to individuals?
    A Tax identification Correct Answer Incorrect Answer
    B Passport number Correct Answer Incorrect Answer
    C Social security number Correct Answer Incorrect Answer
    D Retirement Account Number Correct Answer Incorrect Answer
    E Driving license number Correct Answer Incorrect Answer

    Solution

    PRAN number, also known as Permanent Retirement Account Number, is a 12-digit unique identifier assigned to individuals enrolled in the National Pension Scheme (NPS). It is crucial for managing retirement accounts, contributing towards savings, tracking pension funds, and accessing NPS benefits.

    Practice Next