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IAPP Exam CIPP/A Topic 1 Question 58 Discussion

Actual exam question for IAPP's CIPP/A exam
Question #: 58
Topic #: 1
[All CIPP/A Questions]

Which Indian institution is vested with powers under the Credit Information Companies (Regulation) Act of 2005?

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Suggested Answer: A

by Annabelle at May 29, 2024, 09:14 PM

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Allene
4 days ago
I'm pretty confident this is the Reserve Bank of India. The question mentions the Credit Information Companies (Regulation) Act, which is likely regulated by the central banking authority.
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Derrick
6 days ago
Ah, I remember learning about this! Blockchain uses a Merkle Tree to create a lightweight digital fingerprint of the transactions in a block. I'm confident that's the right answer.
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Kayleigh
8 days ago
This is a great opportunity to demonstrate my Excel skills. I know conditional formatting is the way to go here. I'll walk through the steps methodically and make sure I get the right solution.
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Shasta
15 days ago
This question seems pretty straightforward. In-app billing is a common monetization technique for mobile apps, so I'm confident I can answer this correctly.
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Shawna
1 years ago
Ha! The Oriental Bank of Commerce? Really? That's like asking which American institution regulates the Bank of China. Clearly the RBI is the answer.
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Lucia
1 years ago
Hmm, I'm not too sure about this one. The National Housing Bank also deals with credit-related matters, but I think the RBI is the best fit here.
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Blythe
1 years ago
Yes, the RBI is the institution vested with powers under the Credit Information Companies (Regulation) Act of 2005.
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Dominga
1 years ago
I think you're right, the Reserve Bank of India is the correct answer.
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Buck
1 years ago
I agree, the Reserve Bank of India is the correct answer. They are the regulatory body for the Credit Information Companies in the country.
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Ethan
1 years ago
It's important to have a strong regulatory body in place for financial institutions.
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Kate
1 years ago
They play a crucial role in regulating credit information companies.
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Mitsue
1 years ago
Yes, the Reserve Bank of India is the correct answer.
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Leigha
1 years ago
The Reserve Bank of India is the obvious choice here. It's the central banking institution of India and regulates financial institutions.
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Lilli
1 years ago
B) The National Housing Bank.
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Willard
1 years ago
Yes, the Reserve Bank of India is the correct answer.
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Louis
1 years ago
A) The Reserve Bank of India.
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Glory
1 years ago
I agree with Patrick. The RBI is responsible for regulating credit information companies.
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Patrick
1 years ago
I think the answer is A) The Reserve Bank of India.
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