Theme T100 · Constitution & Polity

Regulatory & quasi-judicial bodies: CCI, SEBI–IRDA, tariff authorities

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What UPSC asks

UPSC asks CCI's role against MNC abuse of dominance, merging SEBI and IRDA, a rail tariff authority, why regulators must stay independent, and quasi-judicial bodies.

Prepare these

• Regulatory independence: appointment, tenure, funding
• CCI cases (Google, etc.)
• Financial regulator convergence (FSLRC)
• Quasi-judicial bodies: features, examples

Answer writing

• Use recent cases

Directive words in these PYQs: Discuss (3), Explain (1), Justify (1).

Linked themes

Builds on: study these first

These come earlier in the roadmap. Questions in this theme use them.

Syllabus lines covered

• GS2-L9 — Statutory, regulatory and various quasi-judicial bodies

All 5 PYQs, newest first

1. GS2202310 marks · 150 wordsGS2-POL-15-M2023-Q07

   Discuss the role of the Competition Commission of India in containing the abuse of dominant position by the Multi-National Corporations in India. Refer to the recent decisions.

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2. GS22016GS2-POL-15-M2016-S01

   What is quasi judicial body? Explain with the help of concrete examples.

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3. GS22015GS2-POL-15-M2015-S01

   “For achieving the desired objectives, it is necessary to ensure that the regulatory institutions remain independent and autonomous.” Discuss in the light of experiences in recent past.

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4. GS22014GS2-POL-15-M2014-S01

   The setting up of a Rail Tariff Authority to regulate fares will subject the cash strapped Indian Railways to demand subsidy for obligation to operate non-profitable routes and services. Taking into account the experience in the power sector, discuss if the proposed reform is expected to benefit the consumers, the Indian Railways or the private container operators.

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5. GS22013GS2-POL-15-M2013-S01

   The product diversification of financial institutions and insurance companies, resulting in overlapping of products and services strengthens the case for the merger of the two regulatory agencies namely SEBI and IRDA. Justify.

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