History, asked by Risika9311, 1 year ago

First regulatory body set up by the government of india

Answers

Answered by prashant247
1

Explanation:

It is a statutory body set up in 1953 under the Forward Contracts (Regulation) Act, 1952 This Commission allows commodity trading in 22 exchanges in India, out of which three are national level.

Answered by hotelcalifornia
0

Petroleum and Natural gas (PNGRB)regulatory body set up the government of India.

Explanation:

  • Initially, it was an autonomous body set up through the governors and members are appointed by the state.
  • PGRB is responsible for regulating the commercial petrols and other natural oils which are operating in India.
  • Although, in independent India the first regulatory body is Forward Commission set up in 1953 which has now been merged with SEBI.
  • In india there are many regulatory body which are present.
  • This Act provides the interest of consumers related to the petroleum and other natural gases.

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