National Bodies — Set 1

Correct Answer: B. Reserve Bank of India

• **Reserve Bank of India** = India's central bank and apex banking regulatory body. • **1935** — RBI was established in this year under the Reserve Bank of India Act. • 💡 Wrong-option analysis: [Registered Bank of India]: This is not the correct full form of RBI; [Rural Bank of India]: This is not the correct full form of RBI; [Regional Bank of India]: This is not the correct full form of RBI.

Correct Answer: A. Indian Space Research Organization

• **Indian Space Research Organization** = India's national space agency, headquartered in Bengaluru. • **1969** — ISRO was formed in this year to harness space technology for national development. • 💡 Wrong-option analysis: [Indian Solar Research Office]: This is not the correct full form of ISRO; [International Space Research Organization]: This is not the correct full form of ISRO; [Indian Scientific Research Organization]: This is not the correct full form of ISRO.

Correct Answer: A. Securities and Exchange Board of India

• **Securities and Exchange Board of India** = The regulator for the securities market in India. • **1992** — SEBI was established as a statutory body in this year. • 💡 Wrong-option analysis: [Security and Energy Board of India]: This is not the correct full form of SEBI; [State Equity Board of India]: This is not the correct full form of SEBI; [Stock Exchange Board of India]: This is not the correct full form of SEBI.

Correct Answer: D. Defense Research and Development Organization

• **Defense Research and Development Organization** = The R&D wing of the Ministry of Defense, Government of India. • **1958** — DRDO was formed in this year by merging existing technical development establishments. • 💡 Wrong-option analysis: [Defense Resource Development Office]: This is not the correct full form of DRDO; [Department of Rural Development Organization]: This is not the correct full form of DRDO; [Defense Rocket and Design Office]: This is not the correct full form of DRDO.

Correct Answer: D. Food Safety and Standards Authority of India

• **Food Safety and Standards Authority of India** = An autonomous body established under the Ministry of Health & Family Welfare. • **Food safety standards** — FSSAI ensures that food products meet specific safety standards before reaching consumers. • 💡 Wrong-option analysis: [Food Supply and Standards Agency of India]: This is not the correct full form of FSSAI; [Financial Security and Stability Authority of India]: This is not the correct full form of FSSAI; [Food Standard and Safety Authority of India]: This is not the correct full form of FSSAI.

Correct Answer: C. National Bank for Agriculture and Rural Development

• **National Bank for Agriculture and Rural Development** = The apex development financial institution for rural India. • **1982** — NABARD was established in this year to provide credit for agriculture and small-scale industries. • 💡 Wrong-option analysis: [National Agency for Bank and Rural Design]: This is not the correct full form of NABARD; [National Bureau of Agriculture and Rural Design]: This is not the correct full form of NABARD; [National Association for Rural Development]: This is not the correct full form of NABARD.

Correct Answer: B. Insurance Regulatory and Development Authority of India

• **Insurance Regulatory and Development Authority of India** = A statutory body regulating and promoting the insurance and re-insurance industries. • **1999** — IRDAI was constituted by the Insurance Regulatory and Development Authority Act, **1999**. • 💡 Wrong-option analysis: [Indian Rural Development Agency of Insurance]: This is not the correct full form of IRDAI; [Investment Regulation and Defense Authority of India]: This is not the correct full form of IRDAI; [Insurance Reform and Development Association of India]: This is not the correct full form of IRDAI.

Correct Answer: B. National Highway Authority of India

• **National Highways Authority of India** = Responsible for the development, maintenance, and management of National Highways. • **1988** — NHAI was set up by an act of Parliament in this year. • 💡 Wrong-option analysis: [New Highway Authority of India]: This is not the correct full form of NHAI; [National Highway Agency of India]: This is not the correct full form of NHAI; [National Housing Authority of India]: This is not the correct full form of NHAI.

Correct Answer: C. Research and Analysis Wing

• **Research and Analysis Wing** = India's foreign intelligence agency. • **1968** — RAW was established in this year, primarily for gathering foreign intelligence and counter-terrorism. • 💡 Wrong-option analysis: [Resource and Analysis Wing]: This is not the correct full form of RAW; [Royal Army Wing]: This is not the correct full form of RAW; [Regional Agency Wing]: This is not the correct full form of RAW.

Correct Answer: B. Telecommunication Regulatory Authority of India

• **Telecom Regulatory Authority of India** = Mission is to create and nurture conditions for growth of telecommunications. • **1997** — TRAI was established in this year by an act of Parliament. • 💡 Wrong-option analysis: [Telecom Reform and Analysis Institute]: This is not the correct full form of TRAI; [Telecom Reform Authority of India]: This is not the correct full form of TRAI; [Telegraph Regulatory Authority of India]: This is not the correct full form of TRAI.