Indian Banking and Finance Regulation

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What is the primary function of the Export Credit Guarantee Corporation of India (ECGC)?

To guarantee credit to exporters

What is the main objective of SIDBI's schemes for promotion of small business?

To provide financial assistance to small and medium enterprises

What is the primary function of the Reserve Bank of India (RBI)?

To act as the central bank and monetary authority

What is the main role of NABARD in the Indian regulatory environment?

To promote agricultural development

What is the primary function of the Insurance Regulatory and Development Authority (IRDA)?

To regulate the insurance industry

Test your knowledge on the Indian regulatory environment for business, including the roles of RBI, NABARD, EXIM Bank, and other financial institutions.

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