Question : Which of the following institutions is responsible for regulating and supervising the functioning of small finance banks in India?
Option 1: Reserve Bank of India (RBI)
Option 2: Securities and Exchange Board of India (SEBI)
Option 3: National Stock Exchange of India (NSE)
Option 4: None of the above
Correct Answer: Reserve Bank of India (RBI)
Solution : The correct answer is (a). Reserve Bank of India (RBI)
Small Finance Banks are a type of banking institution that primarily serves the unserved and underserved sections of the population, including small businesses, low-income households, and rural areas. These banks are licensed under the Banking Regulation Act, 1949, and are regulated by the Reserve Bank of India.
The Reserve Bank of India (RBI) is the central banking institution in India and has the authority to regulate and supervise banks and financial institutions operating in the country. It formulates policies, issues guidelines, and ensures compliance with regulatory requirements to maintain the stability and soundness of the banking system.
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Question : Which of the following institutions is responsible for regulating and supervising the functioning of housing finance companies in India?
Option 1: Securities and Exchange Board of India (SEBI)
Option 2: National Housing Bank (NHB)
Option 3: Reserve Bank of India (RBI)
Question : Which of the following financial institutions of India protects the interests of the investors and facilitates the functioning of the stock market intermediaries?
Option 1: Small Industries Development Bank of India(SIDBI)
Option 2: India Infrastructure Finance Company Ltd (IIFCL)
Option 3: National Housing Bank (NHB)
Option 4: Securities and Exchange Board of India (SEBI)
Question : Which of these Micro Finance Institutions (MFIs) are not regulated by the Reserve Bank of India (RBI)?
Option 1: Small finance bank-led MFIs
Option 2: Bank-led MFIs
Option 3: NBFC MFIs
Option 4: Non-profit MFIs
Question : Which institution has launched the project E-Shakti for the digitisation of all members of self-help groups in India?
Option 1: Small Industries Development Bank of India
Option 2: The Securities and Exchange Board of India
Option 3: Industrial Finance Corporation of India
Option 4: National Bank for Agriculture and Rural Development
Question : Who is the regulator of Micro Finance Institutions in India?
Option 1: SEBI
Option 2: RBI
Option 3: NABARD
Option 4: SBI
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