The combined Asset Under Management (AUM) of NPS and APY recently crossed what significant figure, according to the PFRDA Chairman?
(a) Rs 5 lakh crore
(b) Rs 6.62 crore
(c) Rs 10 lakh crore
(d) Rs 30,051 crore
Ans.(c)
Sol. The PFRDA Chairman announced that the combined Asset Under Management (AUM) of NPS and APY has crossed an impressive figure of Rs 10 lakh crore. This significant milestone reflects the rapid growth and increasing popularity of these pension schemes in India.