Simplified: List of Regulatory Bodies

By Sudheer Kumar K|Updated : May 21st, 2021

Topic: Regulatory Bodies, is important for UPSC Prelims and Main Exams.

In this blog, we will be enlisting all the important regulatory bodies at one place so that aspirants can have a faster glance at all the regulatory agencies/bodies with out missing anything.

Regulatory Bodies exercise regulatory or supervisory authority over a variety of activities and endeavors in Indian economy. The regulatory bodies are independent governmental bodies established by the government in order to set and enforce standards in a specific field of economic activity, or operations. 

Functions

The main functions of the regulatory agencies include:

  • Regulations 
  • Review and assessment
  • Licensing
  • Inspection
  • Enforcement
  • Corrective actions

List of Regulatory Bodies

S. No.  Regulatory Body
1.  RBI
2.  Competitive Commission of India (CCI)
3. Securities and Exchange Board of India (SEBI)
4. 

 Insurance Regulatory and Development Authority of India (IRDA)

5. 

 Telecom Regulatory Authority of India (TRAI)

6. 

 Pension Fund Regulatory & Development Authority (PFRDA)

7. 

 National Bank for Agriculture and Rural Development

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