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PFRDA (Pension Fund Regulatory and Development Authority) regulates:

ABanks
BNational Pension System and other pension schemes
CMutual funds
DInsurance
Answer & Solution
Correct answer: B. National Pension System and other pension schemes
PFRDA Act 2013. Regulates NPS (National Pension System — voluntary contributory pension for all citizens 18-70, mandatory for central govt employees joining after 2004). HQ: New Delhi.
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