Question

    Which organization oversees the NPS-Vatsalya

    scheme?
    A Pension Fund Regulatory and Development Authority (PFRDA) Correct Answer Incorrect Answer
    B Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    C Insurance Regulatory and Development Authority of India (IRDAI) Correct Answer Incorrect Answer
    D National Bank for Agriculture and Rural Development (NABARD) Correct Answer Incorrect Answer
    E Reserve Bank of India (RBI) Correct Answer Incorrect Answer

    Solution

        The PFRDA administers the NPS-Vatsalya scheme, facilitating early financial planning for minors with seamless transition to standard NPS accounts upon adulthood.

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