Economics · Economy
Regarding the Pension Fund Regulatory and Development Authority (PFRDA), consider the following statements: 1. PFRDA is the statutory regulator of the pension sector in India and was granted statutory status through the PFRDA Act, 2013. 2. PFRDA regulates the National Pension System (NPS) and Atal Pension Yojana (APY), including licensing of pension fund managers. 3. PFRDA functions under the Ministry of Finance, Department of Financial Services. Which of the statements given above are correct?
- 11, 2 and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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