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Who among the following is appointed as the new Chairman of Pension Fund Regulatory and Development Authority (PFRDA) in March 2023?
Question

Who among the following is appointed as the new Chairman of Pension Fund Regulatory and Development Authority (PFRDA) in March 2023?

A.

Supratim Bandopadhyay

B.

Shasikanta Das

C.

Mamta Shankar

D.

Deepak Mohanty

Correct option is D

The correct answer is (d) Deepak Mohanty.
· Deepak Mohanty was appointed as the new Chairman of the Pension Fund Regulatory and Development Authority (PFRDA) in March 2023.
· PFRDA is the regulatory body overseeing pension funds in India, including the National Pension System (NPS), which provides retirement savings options for individuals.
· Deepak Mohanty has previously held several key positions, including being an Executive Director at RBI.
· PFRDA manages the National Pension System (NPS), which allows individuals to contribute to a pension account during their working life, and withdraw from it after retirement.
· NPS is available to all Indian citizens, with the objective of promoting old age income security.
Additional Knowledge:
· Supratim Bandopadhyay: Former Chairman of PFRDA from 2020 to 2023.
· Shaktikanta Das: Current Governor of the Reserve Bank of India, unrelated to PFRDA.
· Mamta Shankar: Indian Statistical Service officer, unrelated to PFRDA.

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