📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Which of the following regulators is NOT mentioned in

    section 13 of the IFSCA Act’19, whose powers have been granted to the IFSCA?
    A RBI Correct Answer Incorrect Answer
    B SEBI Correct Answer Incorrect Answer
    C IRDAI Correct Answer Incorrect Answer
    D PFRDA Correct Answer Incorrect Answer
    E NFRA (National Financial Reporting Authority) Correct Answer Incorrect Answer

    Solution

    The National Financial Reporting Authority (NFRA) is not mentioned in section 13 of the IFSCA Act’19. This section grants the IFSCA powers previously held by other financial regulatory authorities like the RBI, SEBI, IRDAI, and PFRDA, but not the NFRA.

    Practice Next
    ask-question