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Which of the following is not a programme/agency of the Union Ministry of Finance?

  • a)
    Investor Education and Protection Governance (IEPG)

  • b)
    National Foundation for Corporate Governance (NFCG)

  • c)
    Central Rural Sanitation programme

  • d)
    Investment Commission

Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Which of the following is not a programme/agency of the Union Ministry...
Not a Programme/Agency of Union Ministry of Finance

Introduction:
The Union Ministry of Finance is responsible for managing the finances of the Government of India. It has various agencies and programmes under it to fulfill its objectives.

Answer:
Option 'E' is the correct answer as there is no option 'E' given in the question. However, the following are the correct options:

a) Investor Education and Protection Governance (IEPG)
b) National Foundation for Corporate Governance (NFCG)
c) Serious Frauds Investigation Office (SFIO)
d) Investment Commission

Explanation:
Let us look at each option to understand the agencies and programmes of the Union Ministry of Finance.

a) Investor Education and Protection Governance (IEPG):
It is a programme under the Union Ministry of Finance that aims to educate and protect investors from fraudulent activities. It provides information, guidance, and assistance to investors to make informed decisions.

b) National Foundation for Corporate Governance (NFCG):
It is an agency under the Union Ministry of Finance that promotes good corporate governance practices in India. It provides guidance and support to companies, boards, and other stakeholders to enhance transparency, accountability, and ethical behavior.

c) Serious Frauds Investigation Office (SFIO):
It is an agency under the Union Ministry of Finance that investigates complex financial frauds and economic offenses. It has the power to arrest and prosecute individuals and companies involved in such activities.

d) Investment Commission:
It is an agency under the Union Ministry of Finance that promotes foreign and domestic investment in India. It provides information and assistance to investors to facilitate investment in various sectors of the economy.

Conclusion:
Hence, option 'E' is not a valid option. The correct options are a) Investor Education and Protection Governance (IEPG), b) National Foundation for Corporate Governance (NFCG), c) Serious Frauds Investigation Office (SFIO), and d) Investment Commission.
Community Answer
Which of the following is not a programme/agency of the Union Ministry...
The correct answer is C: Central Rural Sanitation Programme.
The Central Rural Sanitation Programme is not under the Union Ministry of Finance; it is a programme of the Ministry of Drinking Water and Sanitation (now under the Ministry of Jal Shakti).
The other options are associated with the Union Ministry of Finance:
  • A: Investor Education and Protection Governance (IEPG) (should be Investor Education and Protection Fund, IEPF) is under the Ministry of Finance.
  • B: National Foundation for Corporate Governance (NFCG) is also under the Ministry of Finance.
  • D: Investment Commission was established under the Ministry of Finance.
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Which of the following is not a programme/agency of the Union Ministry of Finance?a)Investor Education and Protection Governance (IEPG)b)National Foundation for Corporate Governance (NFCG)c)Central Rural Sanitation programmed)Investment CommissionCorrect answer is option 'C'. Can you explain this answer?
Question Description
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