Question : The tenure of debentures is determined by:
Option 1: The Reserve Bank of India (RBI)
Option 2: The Securities and Exchange Board of India (SEBI)
Option 3: The Ministry of Corporate Affairs
Option 4: The issuing company
Correct Answer: The issuing company
Solution : The correct answer is (d) The issuing company
The tenure of debentures is determined by the issuing company. The company that issues the debentures specifies the maturity period or the duration for which the debentures will be outstanding before they are redeemed. The maturity period can vary depending on the company's financing needs, long-term plans, and the terms decided at the time of issuance. While regulatory authorities such as the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) (options a and b) oversee and regulate aspects of debenture issuances in India, they do not directly determine the tenure of debentures. These regulatory bodies provide guidelines and regulations to ensure investor protection, fair practices, and transparency in the issuance and trading of debentures.
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Question : Which of the following institutions is responsible for managing the foreign exchange reserves of India?
Option 1: Reserve Bank of India (RBI)
Option 2: Securities and Exchange Board of India (SEBI)
Option 3: National Stock Exchange of India (NSE)
Option 4: None of the above
Question : Which of the following is a regulatory authority for the Indian stock market?
Option 1: RBI (Reserve Bank of India)
Option 2: SEBI (Securities and Exchange Board of India)
Option 3: IRDAI (Insurance Regulatory and Development Authority of India)
Option 4: PFRDA (Pension Fund Regulatory and Development Authority)
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