n NISM Certifications
XVII NISM Series XVII
Medium

PFRDA’s role includes registering, regulating, and protecting the interests of pension scheme subscribers.

Practice question from NISM Series XVII- Retirement Adviser Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Approving the schemes offered by NPS

  2. B

    Protecting the interests of the subscribers

  3. C

    Ensuring that funds are managed properly by NPS

  4. All of the above

    Correct answer

Why this is the answer

PFRDA oversees scheme approval, regulation, and subscriber protection.

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