GK
INSURANCE AWARENESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which one of the following does not belong to regulatory bodies in India?
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FMC
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SEBI
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IRDA
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PFRDA
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Explanation:
Detailed explanation-1: -SEBI does not belong to regulatory bodies in India.
Detailed explanation-2: -Telecom Regulatory Authority of India (TRAI), National Housing Bank (NBH), National Green Tribunal (NGT), and others are instances of regulatory entities.
Detailed explanation-3: -The IRDAI (Insurance Regulatory and Development Authority of India) does not regulate capital markets in India. It functions to regulate and promote the insurance industries in India. The SEBI (Securities and Exchange Board of India) is the main regulator of capital markets in India.
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