EPFO to invest 5% of its corpus in exchange traded funds

Q.  As per the approval made by the Government, retirement fund body EPFO is to invest what percent of its corpus in exchange traded funds?
- Published on 13 Apr 15

a. 1%
b. 2%
c. 5%
d. 10%

ANSWER: 5%
 
It will result into an inflow of around five thousand crore rupees into the stock markets during this fiscal. As per estimates, the EPFO's incremental deposits for 2014-15 would be around 80 thousand crore rupees.

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