Single correct option
Which institution regulates the securities market (stock market) in India?
- A. Reserve Bank of India
- B. Securities and Exchange Board of India
- C. Insurance Regulatory and Development Authority
- D. National Bank for Agriculture and Rural Development
Show answer and solution
Answer: (B) Securities and Exchange Board of India
SEBI, established in 1988 and given statutory powers in 1992, regulates the securities market to protect investors, and oversees stock exchanges, brokers and mutual funds. The RBI regulates banks and monetary policy, IRDA regulates the insurance sector, and NABARD provides credit for agriculture and rural development. The names alone mislead, so linking each regulator with its sector is essential.
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