Indian Polity · Polity
Which of the following statements best characterizes the functional mandate and structural objectives of Regulatory Authorities as specialized institutions within the Indian governance framework?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1They are judicial oversight mechanisms that enable citizens to file writ petitions and Public Interest Litigations to invalidate arbitrary or unconstitutional executive actions.
- 2They are independent statutory bodies established to perform quasi-legislative, quasi-executive, and quasi-judicial functions to ensure fair competition, consumer protection, and the separation of policy-making from regulation.✓
- 3They are advisory institutions created by Government Resolutions to exercise superintendence over the Central Bureau of Investigation in matters related to the Prevention of Corruption Act.
- 4They are constitutional bodies established to recommend the distribution of tax revenues between the Union and States and to provide grants-in-aid for specific development programs.
Correct answer
They are independent statutory bodies established to perform quasi-legislative, quasi-executive, and quasi-judicial functions to ensure fair competition, consumer protection, and the separation of policy-making from regulation.
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