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    Question

    Who is the primary regulatory authority for NonBanking

    Financial Companies (NBFCs) in India?
    A Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer
    B Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    C Ministry of Finance Correct Answer Incorrect Answer
    D Indian Banks' Association (IBA) Correct Answer Incorrect Answer
    E National Stock Exchange (NSE) Correct Answer Incorrect Answer

    Solution

    The Reserve Bank of India (RBI) is the primary regulatory authority for NonBanking Financial Companies (NBFCs) in India, overseeing their operations and ensuring compliance with financial regulations.

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