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      Question

      Which regulatory authority governs the operations of

      Asset Reconstruction Companies (ARCs) acting under the SARFAESI Act?
      A Insolvency and Bankruptcy Board of India (IBBI) Correct Answer Incorrect Answer
      B Ministry of Finance Correct Answer Incorrect Answer
      C Debt Recovery Tribunal (DRT) Correct Answer Incorrect Answer
      D Reserve Bank of India (RBI) Correct Answer Incorrect Answer
      E Securities and Exchange Board of India (SEBI) Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India (RBI) regulates the operations of ARCs and the overall working of the SARFAESI Act.

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