n NISM Certifications
XVII NISM Series XVII
Medium

In whose favour the NPS Trust deed will be executed?

Practice question from NISM Series XVII- Retirement Adviser Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    PFRDA

  2. B

    Subscribers of NPS

  3. Trustees of NPS Trust

    Correct answer

  4. D

    The Central Record Keeping Agency

Why this is the answer

The Trust deed is executed in favor of the Trustees of the NPS Trust, establishing their authority and responsibilities for managing the scheme.

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