Q. Which of the following is/are quasi – regulatory agency/agencies?
1.National Bank for Agriculture and Rural Development (NABARD)
2.Small Industries Development Bank of India (SIDBI)
3.National Housing Bank (NHB)
Choose the correct answer from below given codes:
Answer: D
Notes:
Explanation: Several other government bodies perform quasi-regulatory functions— National Bank for Agriculture and Rural Development (NABARD), Small Industries Development Bank of India (SIDBI), and National Housing Bank (NHB).
NABARD supervises regional rural banks as well as state and district cooperative banks. NHB regulates housing finance companies, and SIDBI regulates the state finance corporations (SFCs).
Source: Ramesh Singh