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Questions and Answers
What is the primary regulatory body for banking in India?
What is the primary regulatory body for banking in India?
- Pension Fund Regulatory and Development Authority
- Reserve Bank of India (correct)
- Securities and Exchange Board of India
- Insurance Regulatory and Development Authority of India
Which organization is responsible for formulating and implementing monetary policy in India?
Which organization is responsible for formulating and implementing monetary policy in India?
- Ministry of Finance
- Reserve Bank of India (correct)
- Pension Fund Regulatory and Development Authority
- Securities and Exchange Board of India
Which regulatory body in India oversees the insurance sector?
Which regulatory body in India oversees the insurance sector?
- Reserve Bank of India
- Insurance Regulatory and Development Authority of India (correct)
- Securities and Exchange Board of India
- Pension Fund Regulatory and Development Authority
Study Notes
Banking Regulation in India
- The primary regulatory body for banking in India is the Reserve Bank of India (RBI).
Monetary Policy in India
- The Reserve Bank of India (RBI) is responsible for formulating and implementing monetary policy in India.
Insurance Regulation in India
- The Insurance Regulatory and Development Authority (IRDA) is the regulatory body in India that oversees the insurance sector.
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Description
Test your knowledge of financial regulation in India with questions about the primary regulatory body for banking, the organization responsible for monetary policy, and the regulatory body overseeing the insurance sector.
