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Government of India established Pension Fund Regulatory and Development Authority (PFRDA) on 10th October, 2003.

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  1. True

  2. False

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Correct Option: A
Explanation:

b'Government of India established Pension Fund Regulatory and Development Authority (PFRDA) on 10th October, 2003- this is  a true statement. This was established by the Government of India to promote old age income security by developing and regulating funds in order to protect the interests of the subscribers to schemes of pension funds.