A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Correct answer: (a) 1 only
Explanation
Statement 1 is correct: PFRDA is a statutory regulatory body established under the PFRDA Act, 2013 to promote, develop, and regulate the pension sector in India. Statement 2 is incorrect: PFRDA operates under the Ministry of Finance, not the Ministry of Labour and Employment.
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.
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2017 · Q29 · General Studies · 2 marks
Who among the following can join the National Pension System (NPS)?