A
Securities and Exchange Board of India (SEBI)
B
Pension Fund Regulatory and Development Authority (PFRDA)
C
Insurance Regulatory and Development Authority of India (IRDAI)
D
Reserve Bank of India (RBI)
Correct answer: (b) Pension Fund Regulatory and Development Authority (PFRDA)
Explanation
Option B is correct because PFRDA is the statutory regulatory body established under the PFRDA Act, 2013, to regulate and promote pension funds in India. SEBI, IRDAI, and RBI have different regulatory domains.
Same topic · past papers
UPSC has asked this before
These previous-year questions sit on the same topic. Open one to practise the earlier ask.