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Which one of the following does not belong to regulatory bodies in India?

  • A.SEBI
  • B.IRDA
  • C.PFRDA
  • D.NITI Aayog

Answer: D

Correct answer: NITI Aayog

NITI Aayog is a policy think tank, successor to the Planning Commission, and it regulates nothing - it advises the Government and the states and frames policy. The other three are statutory regulators: SEBI for the securities markets, IRDAI for insurance, and PFRDA for pension funds.

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