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Indian Economy - Understanding the basics of Indian economic system

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What is the new FDI limit in the pension fund management (PFM) under the national pension system (NPS)?

49 %

51 %

74 %

100 %

Explanation:

The Government has increased the foreign direct investment (FDI) limit in pension fund management (PFM) to 74% from the present 49% under the national pension system (NPS).
For this, an amendment has been made to Pension Fund Regulatory and Development Authority (PFRDA) Act, 2013 to rename PFRDA (National Pension System Trust) Regulations 2015 as PFRDA Regulation 2021.

By: Rohit Middha

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