Multiple Choice Questions on Under the Chit Fund Act 1982 the Chit Funds are regulated by which of the following authorities ........ for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

Under the Chit Fund Act 1982 the Chit Funds are regulated by which of the following authorities ........

Economic Affairs Financial Markets
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    Under the Chit Fund Act 1982, the Chit Funds are regulated by which of the following authorities?

    SEBI

    Incorrect Answer

    RBI

    Incorrect Answer

    State Governments

    Correct Answer

    Central Government

    Incorrect Answer
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    Explanation:

     Under the Chit Fund Act 1982, the Chit Funds are regulated by State government.

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