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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.

(a)

1 and 2

(b)

1, 3 and 4

(c)

3, 4 and 5

(d)

2 and 5

Correct Answer

(a)

Explanation

Finance Commission, FSLRC and NITI Aayog
don’t review the independent regulators in the
field of insurance, telecommunications,
insurance, electricity etc.