Financial Institutions & Markets

What is the primary objective of regulatory institutions in financial markets?

• 1. Maximize profits for financial institutions

• 1. Ensure fair and orderly markets

• 1. Increase market volatility

• 1. Facilitate insider trading

Which of the following is NOT a function of the Insurance Regulatory and Development Authority of India (IRDAI)?

• 1. Regulating insurance products and services

• 1. Protecting the interests of policyholders

• 1. Regulating the banking sector

• 1. Ensuring the solvency and financial stability of insurance companies

Which regulatory institution is responsible for overseeing the commodity futures market in

India?

• 1. Securities and Exchange Board of India (SEBI)

• 1. Insurance Regulatory and Development

  Authority of India (IRDAI)

• 1. Forward Markets Commission (FMC)

• 1. Reserve Bank of India (RBI)

Which regulatory institution in India is responsible for ensuring fair competition in the market and preventing anti-competitive practices?

• Competition Commission of India (CCI)

• Securities and Exchange Board of India (SEBI)

• Reserve Bank of India (RBI)

• Ministry of Corporate Affairs (MCA)

The Basel Committee on Banking Supervision is primarily concerned with:

• Setting standards for bank capital adequacy and liquidity

• 1. Regulating insurance companies

• 1. Supervising hedge funds

• 1. Enforcing anti-money laundering laws

Which of the following is NOT a primary function of risk management?

• Risk identification

• Risk avoidance

• Risk transfer

• Risk enhancement

In the context of risk management, what does the acronym "ERM" stand for?

• 1. Enterprise Resource Management

• 1. Event Risk Management

• 1. Enterprise Risk Management

• 1. Economic Risk Management

The Financial Intelligence Unit - India (FIU-IND) is responsible for:

• 1. Regulating stock exchanges

• Investigating insider trading cases

• Dealing with suspicious financial transactions

• Regulating mutual funds

The Insurance Ombudsman scheme in India is aimed at

• Resolving disputes between insurers and regulators

• Providing insurance to ombudsmen

• Resolving grievances of policyholders

• Regulating insurance premiums

The Foreign Exchange Management Act

(FEMA) is regulated by:

• 1. Securities and Exchange Board of India (SEBI)

• 1. Reserve Bank of India (RBI)

• 1. Insurance Regulatory and Development Authority of India (IRDAI)

• Pension Fund Regulatory and Development

  Authority (PFRDA)