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Which organization/Ministry formed a six-member working group to review the regulatory and supervisory framework for core investment companies (CIC) ?
  • a)
    Ministry of Commerce and Industry.
  • b)
    Ministry of Micro, Small and Medium Enterprises.
  • c)
    Small Industries Development Bank of India(SIDBI)
  • d)
    Reserve Bank of India(RBI)
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Which organization/Ministry formed a six-member working group to revie...
On July 3, 2019, The Reserve Bank of India (RBI) has constituted a six-member working group to review the regulatory and supervisory framework for core investment companies (CIC). The group is to be headed by Tapan Ray, non-executive chairman, Central Bank of India and former Secretary in the Ministry of Corporate Affairs and it will submit its report by 31 October 2019.The terms of reference: The panel tasked with examining the current regulatory framework for CICs in terms of adequacy, efficacy, and effectiveness of every component thereof and suggests changes.
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Which organization/Ministry formed a six-member working group to review the regulatory and supervisory framework for core investment companies (CIC) ?a)Ministry of Commerce and Industry.b)Ministry of Micro, Small and Medium Enterprises.c)Small Industries Development Bank of India(SIDBI)d)Reserve Bank of India(RBI)e)None of theseCorrect answer is option 'D'. Can you explain this answer?
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Which organization/Ministry formed a six-member working group to review the regulatory and supervisory framework for core investment companies (CIC) ?a)Ministry of Commerce and Industry.b)Ministry of Micro, Small and Medium Enterprises.c)Small Industries Development Bank of India(SIDBI)d)Reserve Bank of India(RBI)e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Which organization/Ministry formed a six-member working group to review the regulatory and supervisory framework for core investment companies (CIC) ?a)Ministry of Commerce and Industry.b)Ministry of Micro, Small and Medium Enterprises.c)Small Industries Development Bank of India(SIDBI)d)Reserve Bank of India(RBI)e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which organization/Ministry formed a six-member working group to review the regulatory and supervisory framework for core investment companies (CIC) ?a)Ministry of Commerce and Industry.b)Ministry of Micro, Small and Medium Enterprises.c)Small Industries Development Bank of India(SIDBI)d)Reserve Bank of India(RBI)e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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