Which of the following statements about the Reforms introduced in Pension sector is/ are correct ?
(A) Govt. has allowed 26% Foreign Direct Investment (FDI) in the pension sector.
(B) A new regulatory and development authority to monitor pension sector is set up.
(C) Only three banks HDFC Bank, Vysya Bank and Axis Bank are appointed as fund managers of the pension
funds.

A

Only A

B

Only B

C

All A, B & C

D

Only B & C

E

Only A & B