Which of the following institutions does NOT regulate capital markets in India?
Show answer & explanation
Correct answer: D
Explanation
The correct option is option 4 i.e. IRDAI.
| IRDAI | The Insurance Regulatory and Development Authority of India is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India. |
| IRDA is the body that governs the functioning of various General Insurance and Life insurance companies of the nation. | |
| Candidates who wish to work in the insurance sector can check out various Insurance exams in the linked article. |