Economics · Economy
Which regulatory authority is primarily responsible for regulating and supervising Non-Banking Financial Companies (NBFCs) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Ministry of Corporate Affairs (MCA)
- 2Insurance Regulatory and Development Authority of India (IRDAI)
- 3Securities and Exchange Board of India (SEBI)
- 4Reserve Bank of India (RBI)✓
Correct answer
Reserve Bank of India (RBI)
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