2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SEBI
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NABARD
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SIDBI
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EXIM
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Detailed explanation-1: -NaBFID shall be regulated and supervised as an All India Financial Institution (AIFI) by the Reserve Bank under Sections 45L and 45N of the Reserve Bank of India Act, 1934. It shall be the fifth AIFI after EXIM Bank, NABARD, NHB and SIDBI.
Detailed explanation-2: -IDBI is no longer an AIFI and has been converted into a universal bank by the Government of India.
Detailed explanation-3: -Presently RBI has four AIFIs under it namely EXIM Bank, NABARD, NHB and SIDBI. NaBFID will be the fifth AIFI under RBI. NaBFID has been set up as a Development Financial Institution (DFI) to support the development of long-term infrastructure financing in India.
Detailed explanation-4: -Detailed Solution. The correct answer is BCCI. BCCI is not a financial institution.