SF Prep Notes

Association of NPS Intermediaries launched in Mumbai; PFRDA Chairperson unveils logo

The Association of NPS Intermediaries (ANI) was launched at the Insurance Institute of India, Mumbai, on 21 December 2024 to bring together stakeholders of the National Pension System.

Summary

The Association of NPS Intermediaries (ANI) was officially launched on 21 December 2024 at a conference titled 'Securing Tomorrow, With Pension' at the Insurance Institute of India, Mumbai. PFRDA Chairperson Deepak Mohanty unveiled the association's logo, and the Secretary of the Department of Financial Services delivered the keynote address virtually, urging the association to advocate early pension planning. Mohanty said that NPS and Atal Pension Yojana together have assets under management exceeding ₹13.8 lakh crore and a subscriber base of 8 crore. The association brings together National Pension System intermediaries to strengthen subscriber welfare and expand pension coverage.

Key facts

Body
Association of NPS Intermediaries (ANI)
Launch
21 December 2024, Insurance Institute of India, Mumbai
Conference
'Securing Tomorrow, With Pension'
Logo unveiled by
PFRDA Chairperson Deepak Mohanty
NPS + APY AUM
More than ₹13.8 lakh crore
NPS + APY subscribers
8 crore

Practice MCQs 3 questions

Q1

Where was the Association of NPS Intermediaries (ANI) launched on 21 December 2024?

Show answer

Correct answer: C — Insurance Institute of India, Mumbai

PIB (Finance Ministry): ANI was officially launched at a conference titled 'Securing Tomorrow, With Pension' held at the Insurance Institute of India, Mumbai.

Q2 Advanced

According to the PFRDA Chairperson at the ANI launch (December 2024), the combined assets under management of NPS and APY exceed:

Show answer

Correct answer: B — ₹13.8 lakh crore

PIB (Finance Ministry): Deepak Mohanty stated that with AUM exceeding ₹13.8 lakh crore, NPS and APY have a total subscriber base of 8 crore.

Q3 Advanced

Who unveiled the logo of the Association of NPS Intermediaries at its launch?

Show answer

Correct answer: D — PFRDA Chairperson Deepak Mohanty

PIB (Finance Ministry): on the occasion, the association's logo was unveiled by the Chairperson of PFRDA, Dr. Deepak Mohanty.

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