81. The Insurance Regulatory and Development Authority of India (IRDAI) was established in which year?
a) 1999
b) 2001
c) 2003
d) 2005
82. The Securities and Exchange Board of India (SEBI) was established with the objective of protecting the interests of which group of stakeholders?
a) Investors
b) Depositors
c) Borrowers
d) Creditors
83. The Prevention of Money Laundering Act (PMLA) in India requires banks to verify the identity of their customers and maintain records of their transactions as per which document?
a) Know Your Customer (KYC) norms
b) Anti-Money Laundering (AML) guidelines
c) Customer Due Diligence (CDD) procedures
d) Suspicious Transaction Reporting (STR) requirements
84. The Competition Commission of India (CCI) has the power to investigate and impose penalties for anti-competitive agreements and abuse of dominant position in which sector?
a) Telecommunications
b) Banking
c) Power and electricity
d) All of the above
85. The Reserve Bank of India (RBI) is authorized to issue guidelines and regulations for which mode of electronic fund transfer in India?
a) National Electronic Funds Transfer (NEFT)
b) Real-Time Gross Settlement (RTGS)
c) Immediate Payment Service (IMPS)
d) Unified Payments Interface (UPI)
