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    Question

    Which of the following act is not administered by RBI?

    A Government Securities Act, 2006 Correct Answer Incorrect Answer
    B Banking Regulation Act, 1949 Correct Answer Incorrect Answer
    C Payment and Settlement System Act, 2007 Correct Answer Incorrect Answer
    D Factoring Regulation Act, 2011 Correct Answer Incorrect Answer
    E Negotiable Instrument Act, 1881 Correct Answer Incorrect Answer

    Solution

    Acts administered by Reserve Bank of India •Reserve Bank of India Act, 1934 •Public Debt Act, 1944/Government Securities Act, 2006 •Government Securities Regulations, 2007 •Banking Regulation Act, 1949 •Foreign Exchange Management Act, 1999 •Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Chapter II) •Credit Information Companies(Regulation) Act, 2005 •Payment and Settlement Systems Act, 2007 •Payment and Settlement Systems Regulations, 2008 and Amended up to 2011 and BPSS Regulations, 2008 •The Payment and Settlement Systems (Amendment) Act, 2015 - No. 18 of 2015 •Factoring Regulation Act, 2011

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