Question
Which of the following entities is not an intermediary
in the National Pension System (NPS)?Solution
PFRDA is the regulator for the NPS. PFRDA is responsible for the appointment of various intermediaries in the system such as the Central Record Keeping Agency (CRA), Pension Funds, Custodians, NPS Trustee Bank, etc. PFRDA monitors the performance of the various intermediaries.Â
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