Match List I with List II

List I ​	List II
A.	​​Insurance Regulatory and Development Authority Act	I.	1988
B.	Reserve Bank of India Act	II.	2003
C.	Fiscal Responsibility and Budget Management Act	III.	1999
D.	Prevention of Corruption (Amendment) Act	IV.	1934

Choose the correct answer from the options given below:

Correct option is A

The correct matching is:
· A. Insurance Regulatory and Development Authority Act – III. 1999: The IRDA Act was enacted in 1999 to regulate and promote the insurance industry in India.
· B. Reserve Bank of India Act – IV. 1934: The RBI Act of 1934 established the Reserve Bank of India, serving as the nation's central bank and regulating monetary policy.
· C. Fiscal Responsibility and Budget Management Act – II. 2003: The FRBM Act was enacted in 2003 to ensure fiscal discipline and improve the management of public finances.
· D. Prevention of Corruption (Amendment) Act – I. 1988: The Prevention of Corruption (Amendment) Act was passed in 1988 to combat corruption in government and public services.
Information Booster:
1. IRDA Act (1999): Established the Insurance Regulatory and Development Authority to regulate and develop the insurance sector in India.
2. RBI Act (1934): Created the Reserve Bank of India, which serves as India's central banking institution responsible for monetary policy.
3. FRBM Act (2003): Introduced to ensure fiscal responsibility, aiming to reduce India's fiscal deficit and promote transparency in public finances.
4. Prevention of Corruption Act (1988): Strengthened anti-corruption measures in India, making public officials accountable for corrupt practices.
Additional Information:
· A (IRDA Act - 1999): Correct, the act regulates India's insurance sector.
· B (RBI Act - 1934): Correct, this established India's central bank.
· C (FRBM Act - 2003): Correct, it promotes fiscal discipline.
· D (Prevention of Corruption Act - 1988): Correct, this law combats corruption in public offices.