Question

    Which of the following is not a financial regulator in

    India?
    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C IFSCA Correct Answer Incorrect Answer
    D NABFID Correct Answer Incorrect Answer
    E All are financial regulators Correct Answer Incorrect Answer

    Solution

    There are five financial regulators in India RBI – for banking and NBFCs SEBI – for capital markets IRDA – for insurance PFRDA – for pension IFSCA – for financial services in IFSC in India NABFID is an All India  Financial Institution (AIFI) established for the financing and development of infrastructure in India.

    Practice Next