SV
StudyVirus
Get our free app!Download Free

Govt Organizations — Set 1

Days & Years · सरकारी संगठन · Questions 110 of 50

00
0/10
1

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

💡

Correct Answer: A. 1988

• **SEBI** = This body regulates the securities market to protect the interests of investors. • **1988** — SEBI was initially formed through a resolution of the Government of India. • 💡 Wrong-option analysis: [1992]: SEBI was granted statutory powers in this year, not initially established; [1982]: This year is incorrect for SEBI's establishment; [1990]: This year is incorrect for SEBI's establishment.

2

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

💡

Correct Answer: A. 1982

• **NABARD** = It serves as a specialized agency to promote sustainable and equitable agriculture. • **1982** — NABARD was set up to implement the National Bank for Agriculture and Rural Development Act. • 💡 Wrong-option analysis: [1972]: This year is incorrect for NABARD's establishment; [1985]: This year is incorrect for NABARD's establishment; [1990]: This year is incorrect for NABARD's establishment.

3

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

💡

Correct Answer: B. 1999

• **IRDAI** = It is an autonomous statutory body that regulates and promotes the insurance industry in India. • **1999** — IRDAI was formed following the recommendations of the Malhotra Committee. • 💡 Wrong-option analysis: [2005]: This year is incorrect for IRDAI's establishment; [1995]: This year is incorrect for IRDAI's establishment; [2000]: While it began full functioning around this year, its establishment was in 1999.

4

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

💡

Correct Answer: A. 1997

• **TRAI** = It aims to provide a fair and transparent environment for telecom operators and consumers. • **1997** — TRAI was established through an Act of Parliament to regulate telecommunications services in India. • 💡 Wrong-option analysis: [1995]: This year is incorrect for TRAI's establishment; [2000]: This year is incorrect for TRAI's establishment; [1991]: This year is incorrect for TRAI's establishment.

5

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

💡

Correct Answer: D. 2015

• **NITI Aayog** = It serves as a policy think tank, emphasizing cooperative federalism and a bottom-up approach to economic policy. • **January 1, 2015** — NITI Aayog was established, replacing the Planning Commission. • 💡 Wrong-option analysis: [2014]: This year is incorrect for NITI Aayog's formation; [2016]: This year is incorrect for NITI Aayog's formation; [2013]: This year is incorrect for NITI Aayog's formation.

6

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

💡

Correct Answer: B. 1987

• **BIS** = It is responsible for the harmonious development of activities of standardization and marking, ensuring product quality and safety for consumers. • **1987** — The BIS replaced the Indian Standards Institution (ISI) and came into existence under its current name. • 💡 Wrong-option analysis: [1947]: This year is incorrect for BIS's establishment; [1991]: This year is incorrect for BIS's establishment; [1981]: This year is incorrect for BIS's establishment.

7

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

💡

Correct Answer: A. 2008

• **FSSAI** = It is responsible for protecting and promoting public health through the regulation of food safety. • **2008** — FSSAI was established under the Food Safety and Standards Act, 2006. • 💡 Wrong-option analysis: [2006]: This was the year the Food Safety and Standards Act was passed, under which FSSAI was established; [2011]: This year is incorrect for FSSAI's establishment; [2001]: This year is incorrect for FSSAI's establishment.

8

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

💡

Correct Answer: B. 1990

• **SIDBI** = It was established as a principal financial institution for the MSME sector, coordinating functions of institutions in similar activities. • **1990** — SIDBI was established as a subsidiary of the Industrial Development Bank of India. • 💡 Wrong-option analysis: [1982]: This year is incorrect for SIDBI's establishment; [1995]: This year is incorrect for SIDBI's establishment; [1988]: This year is incorrect for SIDBI's establishment.

9

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

💡

Correct Answer: A. 1964

• **CVC** = It was created to advise and guide Central Government agencies in the field of vigilance. • **1964** — The CVC was originally established based on the recommendations of the Santhanam Committee. • 💡 Wrong-option analysis: [1954]: This year is incorrect for CVC's establishment; [1974]: This year is incorrect for CVC's establishment; [1984]: This year is incorrect for CVC's establishment.

10

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

💡

Correct Answer: A. 1993

• **NHRC** = It is a statutory public body responsible for the protection and promotion of human rights. • **1993** — NHRC was constituted under the Protection of Human Rights Ordinance. • 💡 Wrong-option analysis: [1990]: This year is incorrect for NHRC's establishment; [1995]: This year is incorrect for NHRC's establishment; [2000]: This year is incorrect for NHRC's establishment.