RBI regulates & supervises NBFCs - General Economics & Indian Economy

Q.  Which agency regulates and supervises NBFCs?
- Published on 01 Aug 15

a. Finance Ministry
b. SEBI
c. RBI
d. Respective state government

ANSWER: RBI
 
The Reserve Bank of India is entrusted with the responsibility of regulating and supervising the Non-Banking Financial Companies by virtue of powers vested under Reserve Bank of India Act, 1934.

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