n NISM Certifications
XVII NISM Series XVII
Medium

The Central Record-keeping Agency (CRA) is tasked with establishing and maintaining the IT infrastructure necessary for NPS operations.

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

    Pension Fund Regulatory and Development Authority (PFRDA)

  2. B

    National Institute of Securities Markets (NISM)

  3. C

    Points of Presence (PoPs)

  4. Central Record-keeping Agency (CRA)

    Correct answer

Why this is the answer

CRA develops and scales the IT infrastructure essential for efficient record maintenance, transactions, and account management for NPS.

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