In this blog, we’ll have a look at the various regulatory bodies in India and the exams they conduct to recruit candidates for vacancies in different posts, and other relevant details related to the same.
What Is A Regulatory Body?
A regulatory body is a government entity that is tasked with exercising autonomous authority in a supervisory capacity over some aspect of human activity. Imposing standards, conditions, and restrictions, setting the norm for actions, and enforcing or gaining compliance are all part of this process. A regulatory body’s principal objective is to safeguard the public by establishing and enforcing acceptable health & safety standards in an institution. Many regulatory agencies exist in India and worldwide to provide order to society. Continue reading to know about the various regulatory bodies in India.
List Of Regulatory Bodies In India
Check out the complete list in the below table.
| Regulatory Body | Sector | Headquarter |
| Reserve Bank of India (RBI) | Banking, Finance, monetary policy | Mumbai, Maharashtra |
| Insurance Regulatory and Development Authority of India (IRDAI) | Insurance | Hyderabad, Telangana |
| Securities and Exchange Board of India (SEBI) | Securities & capital market | Mumbai, Maharashtra |
| National Bank for Agriculture and Rural Development (NABARD) | Financing rural development | Mumbai, Maharashtra |
| Small Industries Development Bank of India (SIDBI) | Financing small, medium scale enterprises | Lucknow, Uttar Pradesh |
| Pension Fund Regulatory and Development Authority (PFRDA) | Pension | New Delhi |
| National Housing Bank (NHB) | Financing housing | New Delhi |
| Financial Stability and Development Council (FSDC) | Financial sector development | New Delhi |
| Bureau of Indian Standard | Standards and certifications | New Delhi |
| Central Board of Film Certification (CBFC) | Film/TTV certification & censorship | Mumbai, Maharashtra |
| Food Safety and Standards Authority of India | Food | New Delhi |
| Board of Control for Cricket In India (BCCI) | Cricket | Mumbai, Maharashtra |
| Engineering Export Promotion Council of India | Trade and promotion | Kolkata, West Bengal |
| Association of Mutual Funds in India (AMFI) | Mutual funds | Mumbai, Maharashtra |
| Advertising Standards Council of India | Advertising | Mumbai, Maharashtra |
| Express Industry Council of India (EICI) | Trade | Mumbai, Maharashtra |
| Indian National Ship Owners Association (INSA) | Shipping | Mumbai, Maharashtra |
| Indian Chemical Council (ICC) | Manufacturing | Mumbai, Maharashtra |
| Federation of Indian Export Organisations (FIEO) | Export | Mumbai, Maharashtra |
| National Association of Software and Service Companies | Information technology (IT) | Noida, Uttar Pradesh |
| Indian Stainless steel Development Association | Growth & development | Gurgaon, Haryana |
| Manufacturers Association for Information Technology | Information technology (IT) | New Delhi |
| National Association of Software and Service Companies | Information technology (IT) | Mumbai, Maharashtra |
| Projects Exports Promotion Council of India | Trade | New Delhi |
| Organization of Plastic Processors of India | Manufacturing | Mumbai, Maharashtra |
| Central Drugs Standard Control Organisation (CDSCO) | Pharmaceutical and medical | Mumbai, Maharashtra |
| Telecom Equipment Manufacturer Association of India (TEMA) | Telecom | New Delhi |
| Insolvency and Bankruptcy Board of India (IBBI) | Insolvency and Bankruptcy | New Delhi |
| Telecom Regulatory Authority of India (TRAI) | Telecom | New Delhi |
Recruitment Exams Conducted By Regulatory Bodies In India
RBI
- RBI Grade B
- RBI Assistant
- RBI Office Attendant
SEBI
NABARD
SIDBI
IRDAI
- IRDAI Assistant Manager
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The syllabus of all the regulatory exams is somewhat similar, so practicing and learning from other exam-specific ebooks are also beneficial in the preparation. Here, we have compiled all the latest ebooks that will help you ace the exam.
Top 50 Banking & Finance CA for all Regulatory Exams (March-April 2023)
RBI Bolt March 2023 Summary FREE Ebook
Top 100 PIB Current Affairs MCQs for RBI Grade B 2023: Part 1 – Download FREE
Top 100 PIB Current Affairs MCQs for RBI Grade B 2023: Part 2 – Download FREE
FREE Ebook on Introduction to Management
FREE Ebook on Indian Agriculture
Insurance Sector in India FREE Ebook
International Economic Institutions FREE Ebook
Top 50 Appointment News for all Regulatory Exams (March-April 2023)
Download FREE Ebooks on Government Schemes for all Regulatory Exams: IRDAI, RBI, NABARD, SIDBI, SEBI, IFSCA
FREE Ebook on Top 10 Govt Schemes from Ministry of Agriculture: Part 1 – Download
FREE Ebook on Top 10 Govt Schemes from Ministry of Agriculture: Part 2 – Download
Download Top 5 Government Schemes From the Ministry of Education
Download the Free Ebook on Top 6 Govt. Schemes from the Ministry of Finance
Ebook on Top 5 Initiatives of NITI Aayog – Download FREE
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Download all the ebooks for FREE and enhance your preparation.
Ebooks on Quantitative Aptitude
Top 25 Number Series Questions for RBI Grade B 2023 – Download FREE
Most Repetitive Quants Questions for RBI Grade B 2023 – Download FREE Ebook
Ebooks on Reasoning
Most Repetitive Reasoning Questions for RBI Grade B 2023 – Download FREE Ebook
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Top 25 Syllogism Questions for RBI Grade B 2023: Download FREE
Ebooks on the English Language
Most Repetitive English Questions for RBI Grade B 2023 – Download FREE Ebook
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Functions Of Regulatory Bodies
The following are the key responsibilities of the regulating body:
- To create a strong research and development culture and a pool of professionals in various assessment parts.
- To assist academic institutions in India with training & quality testing services.
- To reform & train school systems and other organizations so that testing standards are equivalent to those of admission tests.
- The regulatory bodies are also in charge of the promotion, deputation, and absorption of officers.
- Direct recruiting through interviews is the responsibility of regulatory organizations.
- Organize a promotion departmental examination.
We discussed the various regulatory bodies in India and the exams they run in this article; we hope you found this information useful.
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The app provides comprehensive study material in the form of online courses to ace these examinations. The study material ranges from online LIVE classes, video lectures, study notes, revision sessions, past year papers, topic tests, the objective plus descriptive mock tests, mock interviews, and much more.
Regulatory Bodies in India FAQs
A regulatory body is a government agency or an organization in charge of enforcing laws. Its responsibilities include imposing requirements, conditions, or prohibitions, establishing the norm for activities, and enforcing or securing conformity in these areas.
Populist pressure: The ruling political parties are constantly interfering with the functioning of regulatory authorities.
Selection of non-experts: The appointment of non-experts to run regulatory bodies may result in inefficiency in their operations.
Inefficient review mechanism: Under the auspices of legislative committees, the assessment system for the functioning of regulatory organizations is not very effective.
Regulatory authorities have a variety of responsibilities, one of which is to assist academic institutions in India with training & quality testing services and to reform & train school systems, as well as other organizations so that testing standards. We have listed numerous other duties and responsibilities that regulatory organizations fulfill; we recommend reading the entire article.
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