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</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</p> Signup and view all the answers

    Which regulatory bodies govern financial regulation in India?

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

    Which legal category is financial regulation a part of?

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

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