PFRDA

Why it matters

• It oversees the implementation of the National Pension System to provide old-age income security to citizens.
• It establishes regulatory frameworks for pension fund managers and intermediaries to ensure transparency and financial prudence.
• It plays a critical role in expanding the reach of formal social security mechanisms across both organized and unorganized sectors.

How it is asked

Focus on the statutory mandate of the authority, its role in financial inclusion, and the regulatory oversight mechanisms it employs to mitigate risks in long-term pension investments.