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Question : Which of the following is not a function of SEBI?
 

Option 1: Protecting the interests of investors
  

Option 2: Promoting the development of the money market
  

Option 3: Regulating the securities market

 

Option 4: Registering and regulating stockbrokers and sub-brokers


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 8th Jan, 2024

Correct Answer: Promoting the development of the money market
  


Solution : The correct answer is (b) Promoting the development of the money market.

SEBI, the Securities and Exchange Board of India, is primarily responsible for regulating and supervising the securities market in India. It performs several functions to ensure the integrity and fairness of the market. However, promoting the development of the money market is not one of its core functions.Promoting the development of the money market, as it is not a specific function of SEBI. The development and regulation of the money market in India is primarily handled by the Reserve Bank of India (RBI).

 

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