Correct Answer: 1. E, C, A, B, D
Solution:Chronological order of establishment of the listed regulatory bodies is:
E. University Grants Commission (UGC) - 1956: Regulates higher education in India.
C. Telecom Regulatory Authority of India (TRAI) - 1997: Regulates telecom services and tariffs.
A. Insurance Regulatory and Development Authority (IRDA) - 1999 (Act passed), operational in 2000: Regulates insurance industry in India.
B. Competition Commission of India (CCІ) – 2003 (Act passed), became fully functional in 2009: Enforces Competition Act, 2002, to prevent monopolistic practices.
D. Pension Fund Regulatory and Development Authority (PFRDA) - Established in 2003 (statutory status in 2013): Regulates pension schemes under National Pension System (NPS). So, the correct order is: UGC (1956) → TRAI (1997) → IRDA (1999/2000) → CCI (2003/2009) → PFRDA (2003/2013).