Bank Regulatory Exams are one of the most admired exams in the country by graduates. There are many regulatory bodies in India conducting recruitments on a yearly basis to fulfill the manpower requirements in the banks. Almost every sector here has its own Regulatory Body. Some of the important regulatory bodies in India are RBI, NABARD, SEBI, UPSC, and more.
A government job is a dream for all aspirants preparing for it. One of the most popular choices to choose Bank regulatory body exams is job security as well as lifestyle. Thus, a fair knowledge of these Bank Regulatory Bodies is a must in order to achieve your dream goal.
The bank regulatory body exams are conducted in three different stages which are Prelims, Mains, and Interview. Aspirant's knowledge in the English Language, Quantitative Aptitude, Reasoning Ability, General Knowledge, Computer Awareness is tested for various Government Exams including RBI Grade B, NABARD Grade A, SEBI Grade A, UPSC EPFO, and more.
Thus, all the job seekers for government exams can find here the list of Bank Regulatory Bodies and prepare for the exams like RBI Grade B, UPSC EPFO, NABARD Grade A, NABARD Grade B, IRDAI, SIDBI, etc. in a much-sorted manner with us.
Check - NABARD Grade Exam Analysis 2022
What is a Regulatory Body?
A regulatory body is a public organization and is a government body that is set up to exercise regulatory functions. The main function of Regulatory Bodies in India is to regulate and supervise the various activities such as imposing requirements, conditions, or restrictions, setting the standard for activities, and enforcing in these areas or obtaining compliance.
The primary goal of a regulatory body is to protect the public from frauds, such as providing and enforcing adequate standards for health and safety in an organization. Unlike professional organizations, which require regulating, a regulatory body is created on the basis of a legal mandate or legislation. These regulatory bodies are funded by levies and have their own staff and premises.
List of Regulatory Bodies in India and their Heads
Regulatory Bodies | Abbreviation | Sector | Headquarters | Head Person |
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Reserve Bank Of India | RBI | Banking And Finance Monetary Policy | Mumbai | Shaktikanta Das |
Securities and Exchange Board of India | SEBI | Securities (Stock) & Capital Market | Mumbai | Ajay Tyagi |
Insurance Regulatory and Development Authority | IRDAI | Insurance | Hyderabad | Subhash Chandra Khuntia |
National Bank For Agriculture and Rural Development | NABARD | Financing Rural Development | Mumbai | Harsh Kumar Bhanwala |
Union Public Service Commission: Employees’ Provident Fund Organization | UPSC EPFO | Provident Fund | New Delhi | Sunil Barthwal |
Food Corporation of India | FCI AGM | Food Security | New Delhi | Sanjiv Kumar |
Small Industries Development Bank Of India | SIDBI | Financing Micro Small and Medium-Scale Enterprises | Lucknow | Sivasubramanian Ramann |
National Housing Bank | NHB | Financing Housing | New Delhi | Dakshita Das |
Food Safety and Standards Authority Of India | FSSAI | Food | New Delhi | Rita Teaotia |
Reserve Bank of India (RBI)
RBI is the financial system in India is an independent regulatory body in different fields namely banking, capital market, insurance, commodity market, and pension funds. Primarily, in India, the regulation of banks and financial institutions is governed by the Banking Regulation Act, 1949.
List of RBI Exams
1. RBI Grade B Exam
2. RBI Assistant Exam
3. RBI Office Attendant Exam
Securities and Exchange Board of India (SEBI)
Securities and Exchange Board of India (SEBI) is a statutory body established on April 12, 1992, under the SEBI Act 1992 completely owned by the government of India. The primary function of SEBI is to safeguard the interests of investors in securities exchange and regulate the securities market. The headquarters of SEBI is located in Mumbai whereas the branch offices are located in Delhi, Kolkata, and Chennai.
SEBI Grade A Exam
Latest: SEBI Grade A Admit Card 2022 Expected Date
Union Public Service Commission: Employees’ Provident Fund Organization
Employees' Provident Fund Organization or EPFO is the social security authority that plays an important role in administering the mandatory provident fund, mandatory pension, and life insurance schemes for all Indian employees of the private and Government sectors.
Insurance Regulatory and Development Authority of India (IRDAI)
IRDAI established under the Insurance Regulatory and Development Authority Act, 1999, is an autonomous statutory body tasked with regulating and promoting the insurance and re-insurance industries in India. The headquarters of IRDAI is in Hyderabad, it is a 10-member body consisting of a Chairman, five full-time members, and four part-time members appointed by the government of India.
Food Corporation of India (FCI)
FCI is a country's largest public-sector undertaking dedicated to ensuring the nation's food security. The headquarters of FCI is in Delhi, categorized in four different parts viz. Personnel Establishment (P.E.), Policy & Industrial Relations (P&IR), Headquarters Section, and Institute of Food Security(IFS) headed by an Executive Director.
Small Industries Development Bank of India (SIDBI)
Small Industries Development Bank of India is a primary institution established under an Act of Parliament for promoting, developing, and financing the MSME (Micro, Small, and Medium Enterprise) sector. The headquarters of SIDBI is in Lucknow. it is a 4 member body consisting of a Chairman, appointed by the government of India.
Bank Regulatory Exams Salary
Posts | Salary offered |
RBI Grade B Officer Salary | The pay scale is ₹ 35,600/- p.m. on the scale of ₹ 35150-17 50(9)-50900-EB-17 50(2)- 54400-2000(4)-62400. |
NABARD Grade A Salary | The pay scale is ₹ 28,150/- per month on the scale of 28150-1550(4) -34350-1750(7) – 46600 –EB - 1750(4)- 53600-2000(1)-55600 |
SEBI Grade A Salary | The pay scale of SEBI Grade A officer is ₹ 28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600- 2000(1)-55600 (17 years). |
UPSC EPFO Salary | At the entry-level, he/she will receive ₹ 47600/- (pre-revised Pay Band 2 ₹ 9300-34800/-Grade Pay Rs. 4800/-. The total salary Including allowances will amount to ₹ 85,508. |
SIDBI Grade A Salary | The pay scale of SIDBI Grade A is ₹ 70,000/- approx (in a scale of 28150 - 1550 (4) - 34350 - 1750 (7) – 46600 -EB - 1750 (4) – 53600 - 2000 (1) - 55600 (17 years)) |
FCI AGM Salary | The pay scale of FCI AGM Salary ranges from ₹ 50,000 to ₹ 1,80,000 depending upon the posts. |
Bank Regulatory Exams Syllabus
You can check the preliminary syllabus for bank regulatory exams held in India.
English Language | Quantitative Aptitude | Reasoning Ability |
- Reading Comprehension
- Sentence Completion
- Sentence Correction
- Double Fillers
- Phrase/Word Replacement
| - Data Interpretation
- Quantity I and Quantity II
- Miscellaneous Questions (Simple Interest/Compound Interest, Mixtures/Alligation, Percentage, Quadratic Equation, Time and Work, Profit, Loss and Discount, Probability, Mensuration, and Time, Speed, and Distance.)
| - Puzzle & Seating Arrangement
- Input-Output
- Logical Reasoning
- Data sufficiency
- Inequality
- Coding-Decoding
- Syllogism
- Miscellaneous Questions
|
Bank Regulatory Exams Mock Tests
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