IAI SA4 Practice Questions - IAI Subject SA4 Pensions And Other Benefits Specialist Advanced Exam

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The National Pension System (NPS) in India is regulated by which statutory authority, and what is its fundamental benefit design?

PFRDA; a defined-contribution individual-account scheme EPFO; a defined-benefit final-salary scheme IRDAI; a with-profits annuity scheme SEBI; a unit-linked defined-benefit scheme

Correct Answer:

PFRDA; a defined-contribution individual-account scheme

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