As of December 2021, National Pension System (NPS) and Atal Pension Yojana (APY) are the two flagship pension schemes of:
- ANABARD
- BIIFCL
- CPFRDA
- DPFC
Solution & Step-by-step Explanation
The National Pension System (NPS) and Atal Pension Yojana (APY) are flagship pension schemes administered and regulated by the PFRDA (Pension Fund Regulatory and Development Authority). PFRDA is the statutory regulatory body established under the Ministry of Finance, Government of India, to oversee and promote old-age income security.