BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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OIC
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SEBI
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CRISIL
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TRAN
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Detailed explanation-1: -FSDC is regulator of regulators.
Detailed explanation-2: -Financial Regulatory Bodies in India-RBI, SEBI, IRDAI & PFRDA.
Detailed explanation-3: -The RBI regulates and supervises the major part of the financial system through its various departments. The supervisory role covers Commercial Banks, Non-Banking Financial Companies (NBFCs), Urban Cooperative Banks (UCBs) and some All-India Financial Institutions (AIFIs).
Detailed explanation-4: -The Securities and Exchange Board of India (SEBI) is the regulatory authority established under the SEBI Act 1992 and is the principal regulator for Stock Exchanges in India. SEBI’s primary functions include protecting investor interests, promoting and regulating the Indian securities markets.
Detailed explanation-5: -a person or organization that has been given the official job of making sure that banks, financial businesses, etc. act in a responsible way and do not break the law.