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The financial sector in India is regulated by the:

AThe IRDAI
BNABARD
CThe RBI
DThe SEBI
Answer & Solution
Correct answer: C. The RBI
1. It covers banks, investment banks and forex markets. 2. One body sets the norms. 3. That is the Reserve Bank of India. _Source: syllabus Economics, Indian Economic Development, Chapter 3, Liberalisation, Privatisation and Globalisation._
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