PFRDA Opens Continuous 'On-Tap' Registration Window for Pension Fund Managers
Applicants must possess at least 5 years of fund management experience in equity and debt assets, operating under RBI, SEBI, or IRDAI supervision.
Eligible entities must maintain a positive net worth of at least ₹50 crore across the preceding five financial years and a minimum paid-up capital of ₹25 crore upon applying.
The 'on-tap' facility replaces fixed-window periods, encouraging broader participation and institutional asset management capacity.
Key Facts / Static GK
PFRDA regulates National Pension System (NPS) and Unified Pension Scheme (UPS)
Q Practice Quiz — 22 July 2026
1. Who has been appointed as the Additional Chairman and Managing Director (CMD) of IRCTC in July 2026?
Explanation: Rahul Himalian was appointed as the Additional Chairman and Managing Director of the Indian Railway Catering and Tourism Corporation Limited (IRCTC), succeeding Sanjay Kumar Jain.
2. Where is the Amul Bengal Dairy Project, featuring the world's largest curd manufacturing plant, being established?
Explanation: The Amul Bengal Dairy Project is being developed at Howrah Food Park in West Bengal with an outlay of approximately ₹700 crore.
3. What is the name of the operation launched by the Indian Army to support flood relief work in Assam?
Explanation: 'Operation Jal Rahat' was launched by the Indian Army in coordination with the Assam government to provide rescue and relief support during floods.
4. What is the monthly fee for the Digital Local Pass launched by NHAI for residents within a 20 km radius of eligible toll plazas?
Explanation: The Digital Local Pass fee is set at ₹350 per month, granting unlimited toll pass travels to residents living within a 20-kilometre radius of the toll plaza.
5. On which OTT ecosystem platform is the 'Gems of India' challenge hosted?
Explanation: The 'Gems of India' challenge is hosted on the MyWAVES platform, which forms part of the WAVES OTT ecosystem.
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