{"id":91689,"date":"2025-06-01T11:02:41","date_gmt":"2025-06-01T11:02:41","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=91689"},"modified":"2025-06-01T11:02:41","modified_gmt":"2025-06-01T11:02:41","slug":"in-india-which-of-the-following-review-the-independent-regulators-in","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/in-india-which-of-the-following-review-the-independent-regulators-in\/","title":{"rendered":"In India, which of the following review the independent regulators in"},"content":{"rendered":"

In India, which of the following review the independent regulators in sectors like telecommunications, insurance, electricity, etc.?
\n1. Ad Hoc Committees set up by the Parliament
\n2. Parliamentary Department Related Standing Committees
\n3. Finance Commission
\n4. Financial Sector Legislative Reforms Commission
\n5. NITI Aayog
\nSelect the correct answer using the code given below.<\/p>\n

[amp_mcq option1=”1 and 2″ option2=”1, 3 and 4″ option3=”3, 4 and 5″ option4=”2 and 5″ correct=”option1″]<\/p>\n

\n
\n
This question was previously asked in<\/div>\n
UPSC IAS – 2019<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nIn India, independent regulatory bodies in sectors like telecommunications (TRAI), insurance (IRDAI), electricity (CERC\/SERCs), etc., are subject to review and oversight by the Parliament.
\n1. Ad Hoc Committees set up by the Parliament: Parliament can constitute specific ad hoc committees to examine particular issues related to a sector or the functioning of a regulator.
\n2. Parliamentary Department Related Standing Committees: These committees are permanent committees of Parliament that oversee the functioning of various ministries and departments. Regulators often fall under the purview of specific ministries (e.g., TRAI under Ministry of Communications, IRDAI under Ministry of Finance, CERC\/SERCs under Ministry of Power). These Standing Committees review the policy implications, performance, and finances of these regulators as part of their oversight function.
\n3. Finance Commission: Primarily deals with the distribution of financial resources between the Union and states and other fiscal matters. It does not review the performance of sector-specific independent regulators.
\n4. Financial Sector Legislative Reforms Commission (FSLRC): This was a specific commission that reviewed the legislative framework of the financial sector and proposed reforms. It was not a body for regular review of individual regulators.
\n5. NITI Aayog: A government think tank focused on policy and planning. It does not have a mandate for parliamentary oversight or review of independent regulators’ operational aspects.
\nTherefore, the independent regulators are reviewed by Parliamentary Committees, both standing and sometimes ad hoc.
\n<\/section>\n
\nIndependent regulators are primarily reviewed by Parliamentary Committees in India, including Department Related Standing Committees and specific ad hoc committees.
\n<\/section>\n
\nParliamentary oversight is a crucial mechanism for ensuring accountability of regulatory bodies. While these regulators are independent in their decision-making within their mandated domain, their actions, policies, and performance are subject to scrutiny by the legislative branch of the government.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

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 Select the correct answer using the code given below. [amp_mcq option1=”1 … <\/p>\n

Detailed SolutionIn India, which of the following review the independent regulators in<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[1119,1099,1335],"class_list":["post-91689","post","type-post","status-publish","format-standard","hentry","category-upsc-ias","tag-1119","tag-indian-polity-and-governance","tag-parliamentary-committees","no-featured-image-padding"],"yoast_head":"\nIn India, which of the following review the independent regulators in<\/title>\n<meta name=\"description\" content=\"In India, independent regulatory bodies in sectors like telecommunications (TRAI), insurance (IRDAI), electricity (CERC\/SERCs), etc., are subject to review and oversight by the Parliament. 1. Ad Hoc Committees set up by the Parliament: Parliament can constitute specific ad hoc committees to examine particular issues related to a sector or the functioning of a regulator. 2. Parliamentary Department Related Standing Committees: These committees are permanent committees of Parliament that oversee the functioning of various ministries and departments. Regulators often fall under the purview of specific ministries (e.g., TRAI under Ministry of Communications, IRDAI under Ministry of Finance, CERC\/SERCs under Ministry of Power). These Standing Committees review the policy implications, performance, and finances of these regulators as part of their oversight function. 3. Finance Commission: Primarily deals with the distribution of financial resources between the Union and states and other fiscal matters. It does not review the performance of sector-specific independent regulators. 4. Financial Sector Legislative Reforms Commission (FSLRC): This was a specific commission that reviewed the legislative framework of the financial sector and proposed reforms. It was not a body for regular review of individual regulators. 5. NITI Aayog: A government think tank focused on policy and planning. It does not have a mandate for parliamentary oversight or review of independent regulators' operational aspects. Therefore, the independent regulators are reviewed by Parliamentary Committees, both standing and sometimes ad hoc. 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Financial Sector Legislative Reforms Commission (FSLRC): This was a specific commission that reviewed the legislative framework of the financial sector and proposed reforms. It was not a body for regular review of individual regulators. 5. NITI Aayog: A government think tank focused on policy and planning. It does not have a mandate for parliamentary oversight or review of independent regulators' operational aspects. Therefore, the independent regulators are reviewed by Parliamentary Committees, both standing and sometimes ad hoc. 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