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The Department of Financial Services (DFS) oversees several key programs/initiatives. It provides policy support to
  1. Public Sector banks (PSBs)
  2. Public Sector Insurance Companies (PSICs)
  3. Development Financial Institutions (DFIs)
Select the correct answer code:
  • a)
    1 only 
  • b)
    1, 2 
  • c)
    1, 2, 3 
  • d)
    2, 3
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The Department of Financial Services (DFS) oversees several key progra...
  • The Department of Financial Services (DFS) oversees several key programs/initiatives and reforms of the Government concerning the Banking Sector, the Insurance Sector and the Pension Sector in India.
  • The Department provides policy support to the Public Sector banks (PSBs), Public Sector Insurance Companies (PSICs) and Development Financial Institutions (DFIs) like National Bank for Agriculture and Rural Development (NABARD).
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