Which of the following statements is/are correct with reference to the Pension Fund Regulatory and Development Authority (PFRDA)?
Which of the following statements is/are correct with reference to the Pension Fund Regulatory and Development Authority (PFRDA)?
A. The total subscriber base of PFRDA has increased to 4.28 crore.
B. As on 21st May 2021, the total number of subscribers under NPS and Atal Pension Yojana has crossed 4.28 crore.
C. Both A & B
D. None of these
Explanation:
The Pension Fund Regulatory and Development Authority (PFRDA) recently announced crossing the milestone of Rs 6 lakh crore (Rs 6 trillion) of Assets Under Management (AUM) under the National Pension System (NPS) and Atal Pension Yojana (APY), after 13 years. The total subscriber base of PFRDA has increased to 4.28 crore. As on 21st May 2021, the total number of subscribers under NPS and Atal Pension Yojana has crossed 4.28 crore and the Asset under Management (AUM) has grown to Rs 603,667.02 crore.