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Reserve Bank of India
India's central banking institution, which
controls the monetary policy of the Indian
rupee. It commenced its operations on 1 April
1935 during the British Rule in accordance with
the provisions of the Reserve Bank of India Act,
1934.
Headquarters: Mumbai, Maharashtra
Key person: Urjit Patel, Governor
The bank is often referred to by the name Mint
Street.
Main Functions
1. Monetary Authority
2. Issuer of Currency
3. Banker and Debt Manager to
Government
4. Banker's bank and supervisor
5. Regulator of the Banking System
6. Manager of Foreign Exchange
7. Regulator and Supervisor of the
Payment and Settlement Systems
Securities and Exchange Board of
India
Formed: 12 April 1992
Headquarters: Mumbai, Maharashtra
Key person: U K Sinha, Chairman
It was established in the year 1992 and given
statutory powers on 12 April 1992 through the
SEBI Act, 1992.
Forward Markets Commission (FMC) is the chief
regulator of commodity futures markets in
India. On 28 September 2015 the FMC was
www.exampundit.in
merged with the Securities and Exchange Board
of India (SEBI).
SEBI has to be responsive to the needs of three
groups, which constitute the market:
 the issuers of securities
 the investors
 the market intermediaries.
SEBI has been vested with the following
powers:
 to approve by−laws of stock exchanges.
 to require the stock exchange to amend
their by−laws.
 inspect the books of accounts and call
for periodical returns from recognized
stock exchanges.
 inspect the books of accounts of
financial intermediaries.
 compel certain companies to list their
shares in one or more stock exchanges.
 registration brokers.
Telecom Regulatory Authority of
India
Telecom Regulatory Authority of India (TRAI) is
the regulator of the telecommunications sector
in India.
Formed : 20 February 1997
Headquarters: New Delhi
Key person: R. S. Sharma, Chairman
Key document/act: Telecom Regulatory
Authority of India Act, 1997
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TRAI regularly issues orders and directions on
various subjects such as tariffs,
interconnections, quality of service, Direct To
Home (DTH) services and mobile number
portability.
National Highways Authority of India
It is an autonomous agency of the Government
of India, responsible for management of a
network of over 70,000 km of National
Highways in India.
NHAI has signed a memorandum of
understanding (MoU) with the Indian Space
Research Organisation for satellite mapping of
highways.
Formation: 1988
Headquarters: New Delhi
Key person: Yudhvir Singh Malik, Chairman
Total road(approx): 5,532,482 km (3,437,725
mi)
Indian Space Research Organisation
Headquarters: Bengaluru, Karnataka
Motto: Space technology in the Service of
humankind.
Key person: A. S. Kiran Kumar (Chairman)
Established: 15 August 1969
www.exampundit.in
Pension Fund Regulatory and
Development Authority
Founded: August 23, 2003
Headquarters: New Delhi, India
Key person: Hemant Contractor, Chairman
Food Safety and Standards Authority
of India
Key document/act: Food Safety and Standards
Act, 2006
Key person: Ashish Bahuguna, Chairperson
Headquarters: New Delhi
Formed : August 2011
The main aim of FSSAI is to
 Lay down science-based standards for
articles of food
 To regulate manufacture, storage,
distribution, sale and import of food
 To facilitate food safety
Registrar of Companies, India
The Registrar of Companies (ROC) is an office
under the Indian Ministry of Corporate Affairs
that deals with administration of the Companies
Act, 2013.
Minister responsible: Arun Jaitley, Minister of
Corporate Affairs
Formed : 1956
There are currently 22 Registrars of Companies
(ROC) operating from offices in all major states
of India.