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Govt Organizations — Set 1

Days & Years · सरकारी संगठन · Questions 110 of 50

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1

In which year was the Securities and Exchange Board of India (SEBI) established as a non-statutory body?

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Correct Answer: A. 1988

SEBI was initially formed in 1988 through a resolution of the Government of India. It was later given statutory powers in 1992 through the SEBI Act. This body regulates the securities market to protect the interests of investors.

2

The National Bank for Agriculture and Rural Development (NABARD) was established in which year?

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Correct Answer: A. 1982

NABARD was set up in 1982 to implement the National Bank for Agriculture and Rural Development Act. It serves as a specialized agency to promote sustainable and equitable agriculture. It took over the functions of the Agricultural Credit Department of the RBI.

3

When was the Insurance Regulatory and Development Authority (IRDAI) established?

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Correct Answer: B. 1999

IRDAI was formed in 1999 following the recommendations of the Malhotra Committee. It is an autonomous statutory body that regulates and promotes the insurance industry in India. The body ensures the financial security of policyholders across the nation.

4

The Telecom Regulatory Authority of India (TRAI) was set up by the government in which year?

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Correct Answer: A. 1997

TRAI was established in 1997 to regulate telecommunications services in India. It aims to provide a fair and transparent environment for telecom operators and consumers. It was created through an Act of Parliament to ensure independent regulation.

5

In which year was the NITI Aayog formed, replacing the Planning Commission?

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Correct Answer: D. 2015

NITI Aayog was established on January 1, 2015, to serve as a policy think tank. It emphasizes cooperative federalism and a bottom-up approach to economic policy. The Prime Minister of India serves as the Ex-officio Chairman of this body.

6

The Bureau of Indian Standards (BIS) came into existence under its current name in which year?

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Correct Answer: B. 1987

The BIS replaced the Indian Standards Institution (ISI) in 1987. It is responsible for the harmonious development of activities of standardization and marking. The organization ensures the quality and safety of products for consumers.

7

When was the Food Safety and Standards Authority of India (FSSAI) established?

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Correct Answer: A. 2008

FSSAI was established in 2008 under the Food Safety and Standards Act, 2006. It is responsible for protecting and promoting public health through the regulation of food safety. Its headquarters is located in the capital city, New Delhi.

8

The Small Industries Development Bank of India (SIDBI) was set up in which year?

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Correct Answer: B. 1990

SIDBI was established in 1990 as a principal financial institution for the MSME sector. It acts as a subsidiary of the Industrial Development Bank of India. The bank coordinates the functions of institutions engaged in similar activities.

9

In which year was the Central Vigilance Commission (CVC) originally set up?

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Correct Answer: A. 1964

The CVC was established in 1964 based on the recommendations of the Santhanam Committee. It was created to advise and guide Central Government agencies in the field of vigilance. It was later granted statutory status by the Parliament in 2003.

10

The National Human Rights Commission (NHRC) of India was established in which year?

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Correct Answer: A. 1993

NHRC was constituted in 1993 under the Protection of Human Rights Ordinance. It is a statutory public body responsible for the protection and promotion of human rights. The commission serves as an independent monitor of the government's actions.