हाउ वेयर द अफेयर्स ऑब्जेक्टिव रेगुलेटेड
Answers
Explanation:
A regulatory agency (also functional agency, regulatory authority, regulatory body or regulator) is a public authority or government agency responsible for exercising autonomous authority over some area of human activity in a regulatory or supervisory capacity.
These are commonly set up to enforce safety and standards, and/or to protect the public from unethical business conduct in markets where there is a lack of effective competition or the potential for the undue exercise of market power. An independent regulatory agency is a regulatory agency that is independent from other branches or arms of the government.
Examples of regulatory agencies that enforce standards include the Food and Drug Administration in the United States and the Medicines and Healthcare products Regulatory Agency in the United Kingdom; and, in the case of economic regulation, the Office of Gas and Electricity Markets and the Telecom Regulatory Authority in India.