Question

    Which of the following regulatory bodies has its headquarters located in Gift City?

    1)    Insurance Regulatory and Development Authority of India (IRDAI)

    2)    Pension Fund Regulatory and Development Authority (PFRDA)

    3)    Securities and Exchange Board of India (SEBI)

    4)    Reserve Bank of India (RBI)

    A 1 only Correct Answer Incorrect Answer
    B 2 and 3 only Correct Answer Incorrect Answer
    C 1 and 4 only Correct Answer Incorrect Answer
    D 2, 3, and 4 only Correct Answer Incorrect Answer
    E 1 and 3 only Correct Answer Incorrect Answer

    Solution

    The headquarters of both the Pension Fund Regulatory and Development Authority (PFRDA) and the Securities and Exchange Board of India (SEBI) are located in Gift City. The headquarters of the Insurance Regulatory and Development Authority of India (IRDAI) is located in Hyderabad, and the headquarters of the Reserve Bank of India (RBI) is located in Mumbai.

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