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When is Pension Fund Regulatory and Development Authority (PFRDA) day celebrated?
- a)5th October
- b)9th October
- c)1st October
- d)2nd October
- e)4th October
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
When is Pension Fund Regulatory and Development Authority (PFRDA) day...
The correct answer is 1st October.
Key Points
- The Pension Fund Regulatory and Development Authority (PFRDA) is observed on the 1st of October every year as the National Pension System Diwas (NPS Diwas) to promote pension and retirement planning for a carefree ‘Azad’ retirement.
- Pension Fund Regulatory and Development Authority is the regulatory body under the jurisdiction of the Ministry of Finance.
- The Pension Fund Regulatory & Development Authority Act was passed on 19 September 2013 and the same was notified on 1 February 2014.
- PFRDA is regulating the National Pension System (NPS), subscribed by employees of Govt. of India, State Governments, and by employees of private institutions/organizations & unorganized sectors.
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When is Pension Fund Regulatory and Development Authority (PFRDA) day celebrated?a)5th Octoberb)9th Octoberc)1st Octoberd)2nd Octobere)4th OctoberCorrect answer is option 'C'. Can you explain this answer?
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