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Which regulatory body has reconstituted its advisory committee on leveraging regulatory and technology solutions (ALeRTS) in April 2022?
  • a)
    Competition Commission of India (CCI)
  • b)
    Insurance Regulatory and Development Authority
  • c)
    Reserve Bank of India (RBI)
  • d)
    Securities and Exchange Board of India (SEBI)
  • e)
    None of the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which regulatory body has reconstituted its advisory committee on lev...
SEBI has reconstituted its advisory committee on leveraging regulatory and technology solutions (ALeRTS).
The seven-member panel will now be headed by Sunil Bajpai, who is the former Principal Advisor (Information Technology) at the Telecom Regulatory Authority of India.
It had set up the committee in December 2021, which was during that time chaired by Madhabi Puri Buch.
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Direction: Fill in the blanks with appropriate words.Prior to 1991, India’s economy and financial system were heavily regulated and ____(1)___ by the public sector. A complicated regulatory regime required firms to obtain licenses for most economic activities, and many industries were ____(2)____ for the public sector, including much of the financial system. Bank nationalizations in 1969 and 1980 increased the public sector share of deposits 5 to over 80 per cent, and further branch licensing was rigidly controlled. Primarily focused on financing government ____(3)____ and serving government priority sectors such as agriculture, India’s public banks lacked proper lending ____(4)____ and exhibited a high number of non-performing loans. Following a balance of payments crisis in 1991, however, a number of structural ___(5)___ were implemented that greatly deregulated many economic ____(6)____, and in November 1991, a broad financial reform agenda was established in India by the Committee on the Financial System (CFS). The CFS was appointed by the Government of India to examine the ____(7)____ financial system and make recommendations for improving its efficiency so as to more effectively meet the credit needs of ____(8)____. One of the committee’s recommendations to meet this goal was to introduce greater competition into the banking system by ____(9)____ more foreign banks to enter India. It was argued that the entry of additional foreign banks would improve the competitive efficiency of the Indian banking system and induce an ____(10)____ of banking technology.What should come in the place of blank (7)?

Which regulatory body has reconstituted its advisory committee on leveraging regulatory and technology solutions (ALeRTS) in April 2022?a)Competition Commission of India (CCI)b)Insurance Regulatory and Development Authorityc)Reserve Bank of India (RBI)d)Securities and Exchange Board of India (SEBI)e)None of the aboveCorrect answer is option 'D'. Can you explain this answer?
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Which regulatory body has reconstituted its advisory committee on leveraging regulatory and technology solutions (ALeRTS) in April 2022?a)Competition Commission of India (CCI)b)Insurance Regulatory and Development Authorityc)Reserve Bank of India (RBI)d)Securities and Exchange Board of India (SEBI)e)None of the aboveCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Which regulatory body has reconstituted its advisory committee on leveraging regulatory and technology solutions (ALeRTS) in April 2022?a)Competition Commission of India (CCI)b)Insurance Regulatory and Development Authorityc)Reserve Bank of India (RBI)d)Securities and Exchange Board of India (SEBI)e)None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which regulatory body has reconstituted its advisory committee on leveraging regulatory and technology solutions (ALeRTS) in April 2022?a)Competition Commission of India (CCI)b)Insurance Regulatory and Development Authorityc)Reserve Bank of India (RBI)d)Securities and Exchange Board of India (SEBI)e)None of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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