IAPP Exam CIPP-A Topic 2 Question 71 Discussion

Actual exam question for IAPP's CIPP-A exam

Question #: 71
Topic #: 2

[All CIPP-A Questions]

Which Indian institution is vested with powers under the Credit Information Companies (Regulation) Act of 2005?

AThe Reserve Bank of India.

BThe National Housing Bank.

CThe Oriental Bank of Commerce.

DThe Securities and Exchange Board of India.

Show Suggested Answer

Suggested Answer: A

by Vallie at Oct 24, 2024, 08:44 AM

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Bonita

The Reserve Bank of India is the obvious choice here. They're the main financial regulator, so it makes sense they'd have powers under the Credit Information Companies Act.

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Lorrine

19 days ago

I agree with Myrtie, the RBI is responsible for regulating credit information companies.

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Myrtie

28 days ago

I think it's A) The Reserve Bank of India.

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