The possibility of friction or conflict, as a result of the functioning of multiple regulators overseeing the different segments of financial sector, does not make a convincing case for a single all-powerful super- regulator. Discuss. (250 W) - Civilsdaily

The possibility of friction or conflict, as a result of the functioning of multiple regulators overseeing the different segments of financial sector, does not make a convincing case for a single all-powerful super- regulator. Discuss. (250 W)

Mentors Comment: While FSLRC has recommended for a single unified financial sector regulator, many analysts including former RBI governor C … Continue reading The possibility of friction or conflict, as a result of the functioning of multiple regulators overseeing the different segments of financial sector, does not make a convincing case for a single all-powerful super- regulator. Discuss. (250 W)