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    Question

    Which of the following is the governing body for

    regulating and overseeing SARFAESI Act implementation?
    A Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    B Ministry of Finance Correct Answer Incorrect Answer
    C Central Registrar Correct Answer Incorrect Answer
    D Financial Assets Corporation of India Correct Answer Incorrect Answer
    E Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer

    Solution

    The Central Registrar is responsible for maintaining the Central Register, which records transactions related to the securitization of financial assets, creation of security interests, and the reconstruction of financial assets under the SARFAESI Act.

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