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    Question

    Which of the following is not a regulator of financial

    sector
    A SEBI Correct Answer Incorrect Answer
    B PFRDA Correct Answer Incorrect Answer
    C IRDAI Correct Answer Incorrect Answer
    D RBI Correct Answer Incorrect Answer
    E EPFO Correct Answer Incorrect Answer

    Solution

    EPFO of Employee Provident Fund Organization is not a regulator but a statutory body formed to look after the provident fund of employees. Rest all are regulatory bodies. SEBI regulated the security market, Pension Fund Regulatory and Development Authority (PFRDA) is the pension regulator, Insurance Regulatory and Development Authority of India (IRADA) regulates the insurance sector and RBI regulates the banking and some other sectors.

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