Banking Awareness - Banking Acts, Reforms & Risk Management
Which of the following institutions does NOT fall under the direct regulation of the Banking Regulation Act, 1949?
Which of the following institutions does NOT fall under the direct regulation of the Banking Regulation Act, 1949?
medium Q4 of 15
Step-by-Step Solution
Step 1: Identify entities covered by the Act
The Act applies to banking institutions.Step 2: Eliminate the unrelated institution
Stock exchanges are regulated by SEBI, not this Act.Final Answer:
Stock exchanges → Option DQuick Check:
Non-banking market bodies are outside this Act ✅
Quick Trick: If it’s not a bank, Banking Regulation Act doesn’t apply.
Common Mistakes:
MISTAKES- Assuming all financial institutions are governed by this Act.
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