Question

Which is the odd one out?

• A. RBI
• B. SEBI
• C. LIC
• D. IRDA

Hint:

Three of the four are financial regulators; one of them is an insurance company that is regulated, not a regulator.

Answer 1

The Correct Option is C

Step 1: Understanding the Question:
We are given four names from the Indian financial system and asked to find the one that does not fit the pattern shared by the other three.

Step 2: Key Formula or Approach:
The quickest way to solve a "which one does not belong" question is to sort each option by what role it plays, not just the industry it sits in. Here the useful split is regulator versus regulated entity.

Step 3: Detailed Explanation:
The Reserve Bank of India controls banks and the money supply, so it is a regulator.
The Securities and Exchange Board of India controls the stock market and stockbrokers, so it is also a regulator.
The Insurance Regulatory and Development Authority controls insurance companies, so it is a regulator as well.
The Life Insurance Corporation is not a watchdog over an industry. It is an insurer that sells policies to customers, and it answers to IRDA the way a bank answers to the RBI.
Grouping the four this way leaves three regulators (RBI, SEBI, IRDA) on one side and a single regulated company (LIC) on the other.

Step 4: Final Answer:
LIC is the odd one out because it is an insurance company supervised by a regulator, while RBI, SEBI, and IRDA are themselves the regulators.