What is the primary responsibility of the Reserve Bank of India (RBI)?

"Ensuring price stability and controlling credit flow" "Regulating the stock market and protecting investors" "Overseeing the insurance sector and policyholder interests" "Administering the Companies Act and corporate regulations"

Which regulatory body is responsible for overseeing the Indian capital market?

"Securities and Exchange Board of India (SEBI)" "Reserve Bank of India (RBI)" "Insurance Regulatory and Development Authority (IRDAI)" "Pension Funds Regulatory and Development Authority (PFRDA)"

What is a key function of the Insurance Regulatory and Development Authority (IRDAI)?

"Setting interest rates for banks" "Regulating pension funds" "Providing grievance redressal in the insurance industry" "Supervising stock exchange operations"

Which organization is responsible for regulating pension funds in India?

"Pension Funds Regulatory and Development Authority (PFRDA)" "Securities and Exchange Board of India (SEBI)" "Reserve Bank of India (RBI)" "Ministry of Corporate Affairs (MCA)"

What is the primary objective of the Ministry of Corporate Affairs (MCA)?

"To regulate the insurance sector" "To promote the growth of companies and ensure lawful corporate functioning" "To control credit flow and maintain inflation" "To protect investors in the capital market"

How does the Association of Mutual Funds in India (AMFI) differ from the other financial regulators mentioned?

"It is a statutory body with legal enforcement powers" "It focuses on regulating the banking sector" "It is a non-statutory body that promotes best practices in the mutual fund industry" "It is responsible for setting interest rates"