In India, which of the following review the independent regulators in sectors like telecommunications, insura…
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In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.?
1. Ad Hoc Committees set up by the Parliament
2. Parliamentary Department Related Standing Committees
3. Finance Commission
4. Financial Sector Legislative Reforms Commission
5. NITI Aayog
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• Correct Answer: A
• Parliament's Ad Hoc Committees (JPCs) review regulators during specific investigations (e.g., 2G spectrum)
• 24 Department Related Standing Committees (DRSCs) regularly oversee ministries and associated regulators
• Finance Commission (Article 280), FSLRC, and NITI Aayog lack mandate to review sectoral regulators
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