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In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.?
1. Ad Hoc Committees set up by the Parliament
2. Parliamentary Department Related Standing Committees
3. Finance Commission
4. Financial Sector Legislative Reforms Commission
5. NITI Aayog
Select the correct answer using the code given below. (2019)
- a)1 and 2
- b)1, 3 and 4
- c)3, 4 and 5
- d)2 and 5
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
In India, which of the following review the independent regulators in ...
The correct answer is option 'A' - 1 and 2.
In India, the independent regulators in sectors like telecommunications, insurance, electricity, etc. are reviewed by Ad Hoc Committees set up by the Parliament and Parliamentary Department Related Standing Committees. Let's understand each of these options in detail:
1. Ad Hoc Committees set up by the Parliament:
- These committees are temporary committees formed for a specific purpose or inquiry by the Parliament.
- They are appointed by the Speaker of Lok Sabha or Chairman of Rajya Sabha.
- These committees review the functioning of various sectors, including independent regulators, and make recommendations for improvement.
- They play a crucial role in examining the performance, policies, and regulations of various government bodies and agencies.
2. Parliamentary Department Related Standing Committees:
- These committees are permanent committees set up by the Parliament to examine and review various sectors and government departments.
- They are formed to ensure greater accountability and transparency in the functioning of the government.
- There are different standing committees for different sectors, such as the Standing Committee on Finance, Standing Committee on Information Technology, etc.
- These committees review the functioning of independent regulators and make recommendations for their improvement.
- They also play a significant role in examining the budgetary allocations and expenditure of these sectors.
Therefore, the correct answer is option 'A' - 1 and 2, as both Ad Hoc Committees set up by the Parliament and Parliamentary Department Related Standing Committees review the independent regulators in sectors like telecommunications, insurance, electricity, etc.
In India, the independent regulators in sectors like telecommunications, insurance, electricity, etc. are reviewed by Ad Hoc Committees set up by the Parliament and Parliamentary Department Related Standing Committees. Let's understand each of these options in detail:
1. Ad Hoc Committees set up by the Parliament:
- These committees are temporary committees formed for a specific purpose or inquiry by the Parliament.
- They are appointed by the Speaker of Lok Sabha or Chairman of Rajya Sabha.
- These committees review the functioning of various sectors, including independent regulators, and make recommendations for improvement.
- They play a crucial role in examining the performance, policies, and regulations of various government bodies and agencies.
2. Parliamentary Department Related Standing Committees:
- These committees are permanent committees set up by the Parliament to examine and review various sectors and government departments.
- They are formed to ensure greater accountability and transparency in the functioning of the government.
- There are different standing committees for different sectors, such as the Standing Committee on Finance, Standing Committee on Information Technology, etc.
- These committees review the functioning of independent regulators and make recommendations for their improvement.
- They also play a significant role in examining the budgetary allocations and expenditure of these sectors.
Therefore, the correct answer is option 'A' - 1 and 2, as both Ad Hoc Committees set up by the Parliament and Parliamentary Department Related Standing Committees review the independent regulators in sectors like telecommunications, insurance, electricity, etc.
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In India, which of the following review the independent regulators in ...
Finance commission and NITI Aayog are of advisory nature, they do not review the functioning of any regulator. So, 3 and 5 are clearly wrong. FSLRC was setup once to review financial legislations and not regulators in the country. So, 4 is also wrong. The Parliamentary Departmental related standing Committees may do such work, and the ad hoc committees sometimes set up to review the working of regulators specific to their respective departments.
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In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.?1. Ad Hoc Committees set up by the Parliament2. Parliamentary Department Related Standing Committees3. Finance Commission4. Financial Sector Legislative Reforms Commission5. NITI AayogSelect the correct answer using the code given below. (2019)a)1 and 2b)1, 3 and 4c)3, 4 and 5d)2 and 5Correct answer is option 'A'. Can you explain this answer?
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In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.?1. Ad Hoc Committees set up by the Parliament2. Parliamentary Department Related Standing Committees3. Finance Commission4. Financial Sector Legislative Reforms Commission5. NITI AayogSelect the correct answer using the code given below. (2019)a)1 and 2b)1, 3 and 4c)3, 4 and 5d)2 and 5Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.?1. Ad Hoc Committees set up by the Parliament2. Parliamentary Department Related Standing Committees3. Finance Commission4. Financial Sector Legislative Reforms Commission5. NITI AayogSelect the correct answer using the code given below. (2019)a)1 and 2b)1, 3 and 4c)3, 4 and 5d)2 and 5Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.?1. Ad Hoc Committees set up by the Parliament2. Parliamentary Department Related Standing Committees3. Finance Commission4. Financial Sector Legislative Reforms Commission5. NITI AayogSelect the correct answer using the code given below. (2019)a)1 and 2b)1, 3 and 4c)3, 4 and 5d)2 and 5Correct answer is option 'A'. Can you explain this answer?.
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