WBCS.LIVE practice question

Which organization in India is responsible for regulating the stock market?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. RBI
  2. SEBI
  3. NITI Aayog
  4. IRDAI

Correct answer and explanation

Correct answer: SEBI

Explanation: āœ… Correct Answer: B) SEBI šŸ“š Explanation: The Securities and Exchange Board of India (SEBI) was established in 1988 and given statutory powers in 1992. Its primary role is to protect the interests of investors in securities and to promote the development and regulation of the Indian capital market. It monitors stock exchanges, brokers, and listed companies to prevent fraudulent activities.