CONSTITUENTS OF INDIAN FINANCIAL SYSTEM STRUCTURE
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Central Banking (Elective) — CAIIB.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
What are the two broad segments of the Indian financial system?
The Indian financial system is broadly divided into the formal (organised) sector and the informal (unorganised) sector, with the formal sector being regulated by statutory authorities.
What is the primary regulatory body overseeing pension funds in India?
Pension Fund Regulatory and Development Authority (PFRDA).
Which apex institution regulates and supervises commercial banks in India?
The Reserve Bank of India (RBI) is the apex institution that regulates and supervises commercial banks in India under the Banking Regulation Act, 1949.
Which institution acts as the lender of last resort in India?
Reserve Bank of India (RBI) acts as lender of last resort.
What is the primary role of financial intermediaries in the Indian financial system?
Financial intermediaries channel funds from savers (surplus units) to borrowers (deficit units), facilitating capital formation and economic growth.
What is the full form of SEBI in the Indian financial system?
Securities and Exchange Board of India.
Which regulatory body oversees the capital markets and securities industry in India?
The Securities and Exchange Board of India (SEBI), established in 1988 and given statutory powers in 1992, oversees capital markets and the securities industry in India.
Which market deals with short-term funds with maturity up to one year?
Money market deals with short-term funds.
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