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In which Indian city was the First International Research Conference on Pension (IRCP) inaugurated in April 2025?
Question

In which Indian city was the First International Research Conference on Pension (IRCP) inaugurated in April 2025?

A.

New Delhi

B.

Mumbai

C.

Uttar Pradesh

D.

Kerala

Correct option is A


The correct answer is (a) New Delhi
Explanation:
· The First International Research Conference on Pension (IRCP) 2025 was held in New Delhi on April 3rd and 4th, 2025.
· The two-day event was inaugurated at Bharat Mandapam by Shri Pankaj Chaudhary, Minister of State for Finance.
· It was organized by the Pension Fund Regulatory and Development Authority (PFRDA) in collaboration with the Indian Institute of Management Ahmedabad (IIMA).
· The primary goal of the conference was to address the dynamic and evolving global landscape of pension systems and old-age income security.
Information Booster:
· The conference featured global experts from institutions like the World Bank, discussing strategies to make "Pension for All" a national priority.
· Key themes explored included promoting Financial Literacy for sustainable retirement planning and analyzing global investment practices.
Additional Knowledge:
· The discussions highlighted the importance of schemes like the National Pension System (NPS) and the government-guaranteed Atal Pension Yojana (APY) in India.
· The event served as a crucial platform for exploring innovative solutions for mitigating longevity risk and increasing old-age dependency ratios.

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