Multiple Choice Questions on Under the Chit Fund Act 1982 the Chit Funds are regulated by which of the following authorities ........ for CAPF (AC) Exam Preparation

Financial System

Indian Economic System

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Indian Economy - Understanding the basics of Indian economic system

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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
    Explanation:

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


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