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Question

G. Babita Rayudu took charge as an Executive Director for which of the following organisations in January 2020?

This question was previously asked in
SSC CGL 2019 (Tier 2) GS Finance & Economics Previous Year Paper (17-Nov-2020)
The correct answer is

The Securities and Exchange Board of India

Understanding the Appointment of G. Babita Rayudu

The question asks about the organisation where G. Babita Rayudu took charge as an Executive Director in January 2020. This requires knowledge of important appointments in the financial regulatory sector in India.

Key Appointment in January 2020

Appointments to key positions in regulatory bodies are significant news items and are often covered in current affairs sections of competitive exams. In January 2020, several appointments were made in various government and regulatory organisations.

Specifically, G. Babita Rayudu was appointed as an Executive Director (ED) of a major financial regulatory body in India during this period.

Analyzing the Options

Let's look at the provided options:

  • The Securities and Exchange Board of India (SEBI)
  • Insurance Regulatory and Development Authority of India (IRDAI)
  • Small Industries Development Bank of India (SIDBI)
  • Bombay Stock Exchange (BSE)

We need to determine which of these organisations aligns with the appointment of G. Babita Rayudu as Executive Director in January 2020.

Identifying the Correct Organisation

News reports and official announcements from January 2020 confirm that G. Babita Rayudu was indeed appointed as an Executive Director of The Securities and Exchange Board of India (SEBI). Prior to this appointment, she held other positions within SEBI.

SEBI is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance, Government of India. Being appointed as an Executive Director is a significant role within the organisation.

Conclusion

Based on the information regarding the appointments made in January 2020, G. Babita Rayudu took charge as an Executive Director at The Securities and Exchange Board of India.

Therefore, the correct option is The Securities and Exchange Board of India.

Revision Table: Key Regulatory Bodies in India

Organisation Acronym Primary Function Relevant Sector
The Securities and Exchange Board of India SEBI Regulates securities market Capital Markets
Insurance Regulatory and Development Authority of India IRDAI Regulates insurance sector Insurance
Small Industries Development Bank of India SIDBI Financing for MSMEs MSMEs / Banking
Reserve Bank of India RBI Regulates banking, monetary policy Banking / Macroeconomy

Additional Information about SEBI Appointments

Executive Directors at SEBI play a crucial role in the functioning of the organisation. They are involved in policy implementation, enforcement, and supervision of various market intermediaries and participants. Appointments at this level are made after careful consideration and are vital for the effective regulation of the Indian securities market. The appointment of G. Babita Rayudu in January 2020 was part of the organisational restructuring and appointments process within SEBI.

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Similar Questions

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Important Questions from Financial Organisations

  1. Federation of Indian Chambers of Commerce and Industry was established in ___________.

  2. When was NABARD established?

  3. Small Industries Development Bank of India (SIDBI) is regulated by _______.

  4. What does 'E' stand for in SEBI?

  5. Which of the following is NOT a limitation of financial accounting?

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