Bharatiya Bandharan Related 2000 One- Liner Question E- Book.
Bharatiya Bandharan Related 2000 One- Liner Question E- Book.
The Telecom Regulatory Authority of India (TRAI) is a statutory body set up by the Government of India under section 3 of the Telecom Regulatory Authority of India Act, 1997. It is the regulator of the telecommunications sector in India.A Statutory body means an organisation established under law either by central govt or state govt .Reserve Bank of India was established under Act of ParliamentRBI Act 1934.It can be liquidated only by another act of Parliament .RBI is astatutory institution .Securities and exchange Board of India (SEBI) was first established in the year 1988 AQF as a non-statutory body for regulating the, securities market. It became an autonomous body by The Government of India on 12 May 1992 and given statutory powers in 1992 with SEBI Act 1992 being passed by the Indian Parliament.Eg: Article 280 mentions the formation of a Finance Commission by the President every five years. Other constitutional bodies are UPSC, Election Commission etc.Statutory bodies are those which are formed by an Act of Parliament. Eg: National Human Rights Commission was formed by Protection of Human Rights Act, 1993.Finance commission is a constitutional body set up under Article 280 of the constitution of India. The major function inter alia includes devising the formula for tax devolution to states. Currently, recommendations of 14th Finance Commissionis in force.
The Telecom Regulatory Authority of India (TRAI) is a statutory body set up by the Government of India under section 3 of the Telecom Regulatory Authority of India Act, 1997. It is the regulator of the telecommunications sector in India.A Statutory body means an organisation established under law either by central govt or state govt .Reserve Bank of India was established under Act of ParliamentRBI Act 1934.It can be liquidated only by another act of Parliament .RBI is astatutory institution .Securities and exchange Board of India (SEBI) was first established in the year 1988 AQF as a non-statutory body for regulating the, securities market. It became an autonomous body by The Government of India on 12 May 1992 and given statutory powers in 1992 with SEBI Act 1992 being passed by the Indian Parliament.Eg: Article 280 mentions the formation of a Finance Commission by the President every five years. Other constitutional bodies are UPSC, Election Commission etc.Statutory bodies are those which are formed by an Act of Parliament. Eg: National Human Rights Commission was formed by Protection of Human Rights Act, 1993.Finance commission is a constitutional body set up under Article 280 of the constitution of India. The major function inter alia includes devising the formula for tax devolution to states. Currently, recommendations of 14th Finance Commissionis in force.
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