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Question

Which of the following agencies is associated with the business of Insurance sector as a regulator?

A
NPCI
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B
IRDA
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C
SEBI
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D
AMFI
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Solution

The correct option is A NPCI
NPCI stands for National Payments Corporation of India. It is associated with the business of Insurance sector as a regulator. Reserve bank of India and India Bank's Association are the founders of NPCI. It is established in 2008.

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