The question is concerned with "data" and FIPS 140-2 is a standard that pertains to cryptographic "modules" and not data.

FIPS 140-2 is a certification standard for cryptographic module and it is not a framework.

FedRAMP.

C: PCI DSS

The correct answer is B. FedRAMP. FedRAMP, or the Federal Risk and Authorization Management Program, is not a regulatory framework for specialized data. Rather, it is a program run by the U.S. government that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services used by federal agencies. The other three options, FIPS 140-2, PCI DSS, and HIPAA, are all regulatory frameworks that provide specific guidelines and requirements for the handling of sensitive or specialized data.

A. FIPS 140-2

Answer C. "Which of the following is not a regulatory framework for more sensitive or specialized data?" FIPS 140-2 is not a framework at all, its a guidelines so I guess it gets ruled out from the options itself as the question is asking to rule out the Framework specifically.

This is the 2nd time they've done it. Choose two should be the case here both PCI-DSS and FIPS are not regulatory framework. I think the Question maker was clearly high on something and I want to know "on what"?

A is correct

PCI DSS is not a regulatory requirement