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Which one of the following is NOT an intermediary under the National Pension System scheme?

1. Employees' Provident Fund Organization
2. Points of Presence
3. Trustee Bank
4. Pension Fund

Correct answer: Employees' Provident Fund Organization

Solution

Under the NPS, intermediaries include Points of Presence, Trustee Bank, Pension Funds, CRA, and related entities. The Employees' Provident Fund Organization is not an NPS intermediary. Therefore, it is the correct answer.

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