Question : Which of the following is not a function of the RBI?
Option 1: Regulating the banking system
Option 2: Conducting monetary policy
Option 3: Issuing currency notes
Option 4: Regulating the stock market
Correct Answer: Regulating the stock market
Solution : The correct answer is (d) Regulating the stock market.
Regulating the stock market is not a function of the Reserve Bank of India (RBI). The RBI primarily focuses on the regulation and supervision of the banking system in India, ensuring its stability, integrity, and smooth functioning. Its functions include regulating banks and financial institutions, formulating and implementing monetary policy, issuing and managing currency notes, and maintaining the stability of the financial system.
The regulation of the stock market, including the oversight of stock exchanges and market participants, falls under the jurisdiction of the Securities and Exchange Board of India (SEBI). SEBI is the regulatory authority responsible for the development, regulation, and oversight of the securities market in India.
Option 1: Issuing currency notes
Option 2: Regulating the banking system
Option 3: Conducting monetary policy
Question : Which of the following is not a function of the Reserve Bank of India (RBI)?
Option 3: Regulating the securities market
Option 4: Managing the foreign exchange reserves of India
Question : Which of the following is a function of a non-banking financial company (NBFC)?
Option 2: Accepting deposits from the public
Option 3: Managing the foreign exchange reserves of India
Option 4: None of the above
Question : Which of the following is not a function of a stock exchange?
Option 1: Facilitating trading of securities
Option 2: Ensuring fair and transparent transactions
Option 3: Regulating the banking sector
Option 4: Providing liquidity to investors
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