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      Question

      Match the following: A) BIS P) Global monetary

      cooperation B) IRDA Q) Bank for central banks C) IMF R) Insurance regulation D) TRAI S) Telecom sector
      A A-P, B-S, C-R, D-Q Correct Answer Incorrect Answer
      B A-R, B-P, C-S, D-Q Correct Answer Incorrect Answer
      C A-R, B-S, C-Q, D-P Correct Answer Incorrect Answer
      D A-Q, B-R, C-P, D-S Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      BIS - The Bank for International Settlements (BIS) is owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks” IMF - International Monetary Fund works to foster global monetary cooperation and secure financial stability Insurance Regulatory and Development Authority IRDA is regulator for insurance sector Telecom Regulatory Authority of India (TRAI) is the regulator of the telecommunications sector in India.

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