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Answer : 4. "DSP Pension Fund Manager"
Recently, [Pension Fund Regulatory and Development Authority] PFRDA has selected which institution as the 11th fund manager to manage retirement savings under the National Pension System [NPS]?
5Q:
Recently, [Pension Fund Regulatory and Development Authority] PFRDA has selected which institution as the 11th fund manager to manage retirement savings under the National Pension System [NPS]?
- 1NCC Pension Fund Managerfalse
- 2MNC Pension Fund Managerfalse
- 3KFC Pension Fund Managerfalse
- 4DSP Pension Fund Managertrue
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Answer : 4. "DSP Pension Fund Manager"
Explanation :
The Pension Fund Regulatory and Development Authority (PFRDA) has selected DSP Pension Fund Managers as the 11th fund manager permitted to manage retirement savings under the National Pension System (NPS). PFRDA seeks to utilize Regional Rural Banks (RRBs) to extend their reach to citizens across the country.