Financial Regulation in India
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Questions and Answers

What is the purpose of financial regulation?

  • To increase the variety of financial products available
  • To establish market practices
  • To maintain the stability and integrity of the financial system (correct)
  • To enforce case law

Which regulatory bodies govern financial regulation in India?

  • Reserve Bank of India
  • Securities and Exchange Board of India
  • Insurance Regulatory and Development Authority of India
  • All of the above (correct)

Which legal categories constitute the content of financial law?

  • Market practices and financial institutions
  • Financial regulation and market practices
  • Market practices and case law (correct)
  • Financial regulation and case law

When was the Bank of Bengal established in India?

<p>1806 (C)</p> Signup and view all the answers

What were the other banks established in India during the 19th century?

<p>Bank of Bombay and Bank of Madras (B)</p> Signup and view all the answers

Which regulatory bodies govern financial regulation in India?

<p>All of the above (D)</p> Signup and view all the answers

What was the purpose of establishing the Bank of Bengal in 1806?

<p>To facilitate trade with Britain (D)</p> Signup and view all the answers

Which legal category is financial regulation a part of?

<p>Financial law (A)</p> Signup and view all the answers

How has financial regulation influenced the banking sector in India?

<p>By increasing the stability of the financial system (D)</p> Signup and view all the answers

Who established the Bank of Bombay and the Bank of Madras in the 19th century?

<p>The British East India Company (B)</p> Signup and view all the answers

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