Question : Which regulatory body oversees microfinance institutions in India?
Option 1: Reserve Bank of India (RBI)
Option 2: Ministry of Finance
Option 3: Insurance Regulatory and Development Authority of India (IRDAI)
Option 4: Securities and Exchange Board of India (SEBI)
Correct Answer: Reserve Bank of India (RBI)
Solution : The correct option is the Reserve Bank of India (RBI).
The regulatory body that oversees microfinance institutions in India is the Reserve Bank of India (RBI). The RBI regulates and supervises microfinance activities in the country to ensure their stability and compliance with applicable regulations.
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Question : Which of the following is a regulatory authority for the Indian stock market?
Option 1: RBI (Reserve Bank of India)
Option 2: SEBI (Securities and Exchange Board of India)
Option 3: IRDAI (Insurance Regulatory and Development Authority of India)
Option 4: PFRDA (Pension Fund Regulatory and Development Authority)
Question : Which of the following institutions regulates and supervises the functioning of insurance companies in India?
Option 2: Insurance Regulatory and Development Authority of India (IRDAI)
Option 3: Securities and Exchange Board of India (SEBI)
Option 4: None of the above
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