Which of the following is a key function of the Ministry of Environment, Forest and Climate Change (MoEFCC) in India?
- Regulating stock markets
- Formulating policies and laws for environment, forests, and wildlife conservation
- Managing railway operations
- Overseeing banking regulations
Answer: Formulating policies and laws for environment, forests, and wildlife conservation
MoEFCC is the nodal agency for planning, promoting, coordinating, and overseeing environmental and forestry programs in India.