Economics · Financial Regulation
Which regulatory body in India oversees and supervises microfinance institutions (MFIs) to ensure their compliance with regulations?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Competition Commission of India (CCI)
- 2Reserve Bank of India (RBI)✓
- 3Insurance Regulatory and Development Authority (IRDA)
- 4Securities and Exchange Board of India (SEBI)
Correct answer
Reserve Bank of India (RBI)
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