The National Centre for Financial Education (NCFE) is a Section 8…

2024

The National Centre for Financial Education (NCFE) is a Section 8 (Not-for-Profit) Company promoted by all of the following financial sector regulators except:

  1. A.

    Reserve Bank of India (RBI)

  2. B.

    Securities and Exchange Board of India (SEBI)

  3. C.

    Insurance Regulatory and Development Authority of India (IRDAI)

  4. D.

    Pension Fund Regulatory and Development Authority (PFRDA)

  5. E.

    National Bank for Agriculture and Rural Development (NABARD)

Show answer & explanation

Correct answer: E

NCFE is promoted by RBI, SEBI, IRDAI, and PFRDA. NABARD is not one of the promoting financial-sector regulators.

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