18.Regulation of the Financial Markets: A. RBI B. CAG C. SEBI D. UIDAI
Question
18.Regulation of the Financial Markets: A. RBI B. CAG C. SEBI D. UIDAI
Solution
The regulation of the Financial Markets in India is primarily done by the Securities and Exchange Board of India (SEBI).
Step 1: Understand the question - The question is asking about the regulatory body for financial markets in India.
Step 2: Identify the correct option - From the given options, SEBI (Securities and Exchange Board of India) is the correct answer.
Step 3: Provide explanation - SEBI is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers on 30 January 1992 through the SEBI Act, 1992. Its primary job is to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto.
So, the answer is C. SEBI.
Similar Questions
Indian equity market is regulated by____a.SEBIb.Finance Departmentc.RBId.All of the above
Regulatory body is responsible for regulating the securities market in India? A. RBI B. SEBI C. IRDAI D. PFRDA
Which part of the financial market is not regulated by the Reserve Bank of India?Interest rate marketsGovernment Securities marketForeign exchange marketsInterest rate derivativesNone of the above
What is the primary objective of the Reserve Bank of India? Regulating the stock market Promoting foreign investment Issuing currency and controlling monetary policy Supervising insurance companies
Which of the following is a function of the Reserve Bank of India (RBI) in the money market? A. Issuing currency notes B. Collecting income tax C. Regulating stock markets D. Conducting elections
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.